CEMATRIX Corporation Announces Record First Quarter Sales for the Quarter Ended March 31, 2013
(firmenpresse) - CALGARY, ALBERTA -- (Marketwired) -- 05/16/13 -- CEMATRIX Corporation (TSX VENTURE: CVX) (the "Corporation" or the "Company" or "CEMATRIX") is pleased to announce the release of its consolidated financial results for the quarter ended March 31, 2013.
First Quarter Highlights
First Quarter Results
Selected financial information for the quarters ended March 31, 2013 and 2012 is as follows:
The Company's revenue is seasonal in nature and generally follows the construction period in Canada from May through to October. In 2013 the Company benefitted from winter infrastructure projects in the Ontario and winter projects in the oil and gas market in Alberta.
The outlook for 2013 remains positive. The Company has $5.1 million of sales contracted for projects that are currently scheduled for completion in 2013.
This press release should be read in conjunction with the Corporation's unaudited Consolidated Financial Statements and Management Discussion and Analysis for the quarter ended March 31, 2013, both of which can be found on SEDAR.
CEMATRIX is an Alberta corporation with its head offices in Calgary, Alberta. The Corporation, through its wholly owned subsidiary, is a manufacturer and supplier of technologically advanced cellular concrete products with applications in a variety of markets, including oil and gas construction and infrastructure construction. Cellular concrete provides a cost and labour saving solution as a replacement for rigid and other insulating materials in frost-susceptible or permafrost conditions. Cellular concrete is also used in void filling situations and as a replacement for granular fills and weak or unstable soils.
Forward-looking information: This news release contains certain information that is forward looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", expect", "would' or other similar words). Forward looking statements in this document are intended to provide CEMATRIX security holders and potential investors with information regarding CEMATRIX and its subsidiaries' future financial and operations plans and outlook. All forward looking statements reflect CEMATRIX's beliefs and assumptions based on information available at the time the statements were made. Readers are cautioned not to place undue reliance on this forward looking information. CEMATRIX undertakes no obligation to update or revise forward looking information except as required by law. For additional information on the assumptions made and the risks and uncertainties which may cause actual results to differ from the anticipated results, refer the CEMATRIX's Management Discussion and Analysis dated May 15, 2013 under CEMATRIX's profile on SEDAR at and other reports filed by CEMATRIX with Canadian securities regulators.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
CEMATRIX Corporation
Jeff Kendrick
President and Chief Executive Officer
(403) 219-0484
The Howard Group
Jeff Walker
Investor Relations
(888) 221-0915 or (403) 221-0915
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Unternehmensinformation / Kurzprofil:
Datum: 16.05.2013 - 13:25 Uhr
Sprache: Deutsch
News-ID 260895
Anzahl Zeichen: 0
contact information:
Town:
CALGARY, ALBERTA
Kategorie:
Equipment
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