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Ennis Sales and Net Income Increase
DeSoto, Texas-based Ennis announced in its annual report that net sales for 1999 reached $166.5 million, an increase of 10.3 percent over the previous year. Net earnings rose by $1 million to $15.1 million.
The company cites the acquisitions of American Forms and Adams McClure in November, 1999 and completion of the acquisition of Northstar Computer Forms in June, 2000, as reasons for expected annualized revenue of $245 million this year.
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