RIPON, Wis. — Alliance Laundry Holdings LLC is reporting decreased revenue for the first quarter, which ended March 31, 2009.
Net revenues for the quarter decreased $13.5 million, or 12.3%, to $96.4 million from $109.9 million in the same period last year. Net income for this quarter increased $0.4 million to $2.3 million from $1.9 million in the same period last year. Adjusted EBITDA for the quarter ended March 31, 2009 was $13.5 million compared to $17.7 million for the quarter ended March 31, 2008.