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Kewaunee Scientific Reports Significantly Improved Results for Fourth Quarter
Date:6/26/2012

th steel and wood cabinetry, fume hoods, adaptable modular systems, moveable workstations, biological safety cabinets, and epoxy resin counters and sinks. Healthcare furniture products include laminate casework, systems, and related products for healthcare applications. Technical furniture products include column systems, slotted-post systems, pedestal systems, and stand-alone benches.

The Company's corporate headquarters are located in Statesville, North Carolina. Three manufacturing facilities are located in Statesville, NC serving the domestic and international markets. One manufacturing facility is located in Bangalore, India serving the local and Asian markets. The Company has subsidiaries in Singapore and India. Kewaunee Scientific's website is located at http://www.kewaunee.com.

Certain statements in this release constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could significantly impact results or achievements expressed or implied by such forward-looking statements. These factors include, but are not limited to, economic, competitive, governmental, and technological factors affecting the Company's operations, markets, products, services, and prices.Consolidated Statements of Operations
(in thousands, except per share data)Three Months Ended

Years EndedApril 30

April 302012

2011

2012

2011(Unaudited)Net sales$28,990

$26,952

$102,847

$100,003Cost of products sold21,638

22,247

83,691

80,719Gross profit7,352

4,705

19,156

19,284Operating expenses4,493

4,174

16,443

16,127Operating earnings2,859

531

2,713

3,157Other income (expense)43

4

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SOURCE Kewaunee Scientific Corporation
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