From GlobeNewswire: 2025-05-08 09:00:00

Alpha Pro Tech, Ltd. announced a 2.5% increase in net sales, reaching $13.8 million in the first quarter of 2025. Building Supply segment sales rose by 1.6% to $8.4 million, while Disposable Protective Apparel segment sales increased by 4.0% to $5.5 million. Net income for the quarter was $613,000, with cash totaling $13.4 million and working capital at $47.0 million as of March 31, 2025.

President and CEO Lloyd Hoffman noted challenges in the housing market, with single-family housing starts down by 4.7% compared to 2024. Sales of core building products declined by 3.6%, but synthetic roof underlayment sales increased by 21.8%. The company anticipates growth in the Building Supply segment, despite ongoing economic uncertainty.

The first quarter saw a decrease in gross profit by 0.5%, totaling $5.4 million. Net income for the quarter was $613,000, up by 6.4% from 2024. Cash reserves stood at $13.4 million as of March 31, 2025. CFO Colleen McDonald highlighted a stock repurchase program, with $1.6 million available for future repurchases.

Alpha Pro Tech, Ltd. is the parent company of Alpha Pro Tech, Inc. and Alpha ProTech Engineered Products, Inc. The company specializes in manufacturing disposable protective apparel and construction weatherization products. With sales growth in key segments and a positive outlook for the future, the company remains focused on expanding its market presence and maintaining financial stability.



Read more at GlobeNewswire:: Alpha Pro Tech, Ltd. Announces First Quarter 2025 Financial