Monday, May 14, 2012

Vermont Corporate 2011 Annual Earnings Up 209% Since 2009


I found two Corporations, headquartered in Vermont, which file with the SEC, and which had Pretax Income of more than $10 mil in any of the most recent three fiscal years.

These two Vermont Corps, led by the extremely well run Green Mountain Coffee Roasters, had their Total Pretax Earnings in 2011 increase by an incredible 110% over 2010, and increase by an even more incredible 209% over 2009.

Vermont citizens should be extremely proud of the operating performance in the most recent two years of their Vermont companies. 

Clearly, the Obama Administration has created an economic environment that has permitted these Vermont Corporations to flat-out flourish. 

And Vermont is very fortunate to have two very accomplished, solutions-driven US Senators.....Bernie Sanders and Pat Leahy.  And likewise for Peter Welch, as Vermont’s US House member.  All three of them are strong advocates for Vermont businesses of all sizes.

Below here is the Pretax Income (PTI) of these two Vermont Corps for each of the most recent three years.


 



Sanders/Leahy/Welch





Bump




PTI(L) PTI(L)

      1 Year 2 Year

PTI(L) PTI(L) PTI(L) % %

2011 2010 2009 Change Change
  mils $s mils $s mils $s

Vermont




Green Mountain Coffee Roasters 303 133 88 128% 244%
Merchants Bancshares 18 20 16 -10% 13%






Total both 321 153 104 110% 209%