Commercial Solutions Announces Third Quarter 2009 Sales

EDMONTON, ALBERTA--(Marketwire - Aug. 7, 2009) - COMMERCIAL SOLUTIONS INC. ("Commercial" or "Company") CSA today reported its quarterly revenues for the three-month period ended June 30, 2009 of $20.7 million versus $33.9 million during the same three-month period the year prior, representing a 38.8 percent decrease versus the comparable quarter. For the nine-month period ended June 30, 2009, the Company reported revenues of $85.9 million versus $105.1 million during the same nine-month period the year prior, representing a year-over-year decrease of 18.3 percent. The Company also announced it will report its third quarter 2009 financial results for the period ended June 30, 2009 at 8:00 a.m. eastern standard time (EST) on Friday, August 14, 2009. About Commercial Headquartered in Edmonton, Alberta, Commercial is one of Canada's leading independent industrial distributors with 29 Services Centres and approximately 275 employees located across Canada. Commercial offers more than 160,000 items critical to maintenance repair and operations (MRO) and original equipment manufacturer (OEM) customers. The Company represents 450 leading manufacturers and serves over 11,000 customer accounts within a broad cross-section of industries, including oil and gas, forestry, food processing, chemical processing, mining and aggregate, utilities, agriculture and construction. Commercial trades under the symbol "CSA" on the Toronto Stock Exchange. For further information on the Company, please visit www.commercialsolutions.ca and for detailed financial information visit www.sedar.com.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EnergyFinancialsIntegrated Oil & GasSpecialized REIT's
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!