Brady Corporation (NYSE:BRC) will look for business acquisitions. President and Chief executive Officer J. Nauman said, "I'm confident we will see continued revenue growth in future quarters as a result of our focus on growing organic sales plus our rock solid balance sheet and strong cash flow give us significant dry powder to accelerate growth through further R&D efforts and additional business acquisitions, all while continuing to return funds to our shareholders". Chief Financial Officer Aaron Pearce said, "Our strong balance sheet puts us in a fantastic position to execute additional value-enhancing activities, including investing in R&D, completing additional acquisitions and returning funds to our shareholders. We'll continue to search for acquisitions that advance our strategies, and we will continue to drive sustainable efficiency gains while being tight on nonrevenue-generating expenses. we'll be opportunistic with buybacks while looking for acquisitions where the price is right and the strategic fit is clear. We have a strong balance sheet, and we'll use it as a tool to drive long-term shareholder value".
Brady Corporation is a manufacturer and supplier of identification solutions and workplace safety products. The Company operates through two segments: Americas & Asia and Europe & Australia. The Companyâs identification solutions are involved in the design, manufacturing, and distribution of high-performance and innovative identification and healthcare products. Its workplace safety manufactures a range of stock and custom identification products and is a distributor of a wide variety of resale products. Its product identification includes materials, printing systems and bar code scanners for product identification, brand protection labeling, work in process labeling, finished product identification, and industrial track and trace applications. Its facility safety and identification and protection include safety signs, floor-marking tape, pipe markers, labeling systems, spill control products, and software and services for safety compliance auditing, procedures writing and training.
BRADY CORPORATION 
