Yahoo!Finance says Elkhart, Indiana-based Skyline Corporation reports for fiscal year (FY) 2012 net sales increased 13% from $162,327,000 FY 2011 to $182,846,000. Manufactured and modular housing sales comprised $109,157,000 of the 2012 total, an 11% increase over the $97,922,000 net sales for 2011. FY 2012 net loss was $19,365,000 as compared to a net loss of $26,627,000 for 2011. Of the housing net sales increase, domestic MH accounted for seven percent and domestic modular housing amounted to 22 percent. Net sales for Canadian manufactured housing fell 100 percent, and net sales for Canadian modular housing doubled. MHProNews has learned Skyline had produced over 870,000 homes and 460,000 recreational vehicles since its inception in 1951.
)Image credit: Skyline Corp.)