Buhler Industries Inc. announced earnings results for the second quarter and six months ended March 31, 2012. For the quarter, the company reported sales revenue was a record CAD 102.5 million, up 44.0% from last year's second quarter of CAD 71.2 million. Net earnings were CAD 4.2 million, up CAD 3.8 million from the previous second quarter. Earnings per share came in at CAD 0.17 compared to CAD 0.02 in the prior second quarter. For the six months, the company sales of CAD 179.0 million for the first six months are the best in company history, up CAD 53.9 million from the prior year. Net earnings were CAD 6.5 million, compared to CAD 0.9 million last year. The increase in sales can be attributed to the strong overseas market for tractors, strong demand for the sprayer line as well as the tillage line introduced in 2011. The increase in earnings was primarily due to the significant increase in sales, which was partially offset by increased interest and depreciation costs due to the acquisitions made in the prior year. Earnings per share came in at CAD 0.26 compared to CAD 0.04 for the six months ended March 31, 2011. The company provided sales guidance for 2012. Sales for 2012 are expected to reach record levels as the increased sales levels for the first six months are anticipated to continue. Contributing to the increase in sales for 2012 is the significant growth in the overseas market for tractors, sprayers and tillage equipment. The second half of the year will see the company begin to ship its brand new four wheel drive high horsepower tractor and introduce combines to its Versatile product line. While sales are expected to be higher, profit may be impacted by a stronger Canadian dollar.