> SUBSCRIBE FOR FREE! 

Goshen, Ind.-based Supreme Industries Inc., a manufacturer of specialized commercial vehicles including truck bodies, trolleys and specialty vehicles, announced its second quarter profit and sales increased.

According to a Goshen News report, the company said there was a strong demand for medium-duty trucks in the quarter, which boosted net sales 15.4% to $82.6 million, compared with $71.6 million during same quarter last year. Diluted earnings increased to 26 cents per share, up from 25 cents per share in the second quarter of 2014. Net income of $4.3 million was unchanged from last year.

 As a result of the higher sales volume, second quarter gross profit in 2015 increased to $15.5 million, the company reported. That was up from $14.6 million in 2014. As a percentage of sales, second quarter gross margin was 18.7%, compared with 20.5 percent in last year’s second quarter.

Second quarter operating income was $6.4 million for both 2015 and 2014.

“As expected, sales of medium-duty work trucks accelerated in the second quarter,” said Mark Weber, president and chief executive officer. “As our restructured sales organization gains momentum, Supreme has begun to increase market share with targeted national accounts. This positive customer reaction reinforces our strategy of implementing a more customer-centric value proposition.”

For the full story click here.