Badger Paper Mills announces 1995 results

Business Wire, Feb 13, 1996

PESHTIGO, Wis.--(BUSINESS WIRE)--Feb. 13, 1996--Badger Paper Mills Inc. (NASDAQ Symbol BPMI) announces 1995 results.

Claude L. Van Hefty, president, announced preliminary results for the year ending Dec. 31, 1995 compared to the same period in 1994. Sales for the year totaled $92,648,000 compared to $73,674,000 reported in 1994. Net income of $2,748,000, or $1.41 per share, for the year ending Dec. 31, 1995 compares to a loss of $2,527,000, or $1.29 per share, for the same period in 1994.

Badger Paper Mills Inc. produces fine and specialty products, including printing and writing papers, xerographic, recycled papers, MG laminating grades, plain and printed waxed papers and various other specialty products at its manufacturing and converting divisions in Peshtigo and Oconto Falls, Wis. Badger-produced products are marketed under the tradenames Ta-Non-Ka(R), COPYrite(R), BPM(R), ENVIROGRAPHIC(R), and FRESHrap(R). -0-