Supreme's 3Q revenues escalate

Oct. 28, 2004
Supreme Industries Inc, the Goshen IN-based manufacturer of specialized vehicles including refrigerated van bodies, recorded revenues of $70.8 million for third-quarter 2004.

Supreme Industries Inc, the Goshen IN-based manufacturer of specialized vehicles including refrigerated van bodies, recorded revenues of $70.8 million for third-quarter 2004, compared with $58.1 million for the same period a year ago, an increase of $12.7 million, or 21.9%. Revenues in the first nine months improved $66.6 million, or 39.5%, to $235.2 million in the 2004 period from $168.6 million in the 2003 period.

Net income for the third quarter was $0.89 million in 2004 versus $1.8 million in 2003. For the first nine months, it totaled $3.8 million for the 2004 period in contrast to $3.5 million in the 2003 period. Net income in the third quarter was negatively impacted principally by rising raw material costs and start-up expenses at various production facilities.

About the Author

from staff and wire reports

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Trucking KPIs on Autopilot: Optimize Performance with a TMS

Discover 7 essential KPIs that will revolutionize your fleet's performance. From cost-per-mile to shipment volume, learn how a TMS can put your profits on autopilot. Unlock the...

Unlock the Road to Ultimate Fleet Safety with our Infographic

Discover how to improve your fleet safety program with our interactive infographic, "The Journey to Fleet Safety". Learn essential steps and best practices to reduce accidents...

Commercial telematics: Boosting safety, productivity and cost-efficiency

As 2G and 3G networks retire, commercial telematics will increasingly focus on 4G and 5G cellular connectivity. The next generation of telematics hardware includes telematics ...

The Role of AI in Transportation Audits, Compliance, and Risk Management

AI Enhancement versus AI Replacement? That is the question many fleets and suppliers are facing nowadays with the continued trend of technological advancements. Learn why Fleetworthy...