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03.03.2010
Aerocast Announces $885,000 Third Quarter Revenues
Aerocast Announces $885,000 Third Quarter Revenues
March 3, 2010: Aerocast Inc. (CNSX: A; Frankfurt Stock Exchange: 0AE; www.aerocastinc.com) announces that it has SEDAR filed its unaudited financial statements and related management’s discussion and analysis for the interim period ended December 31, 2009, which state that the company generated revenues of $885,837 for the three months ended December 31, 2009, up from $802,131 for the comparable period during 2008. The company’s gross margins for the quarter before foundry expenses and G&A expenses totaled $390,575, compared to gross margins of $224,451 for the comparable quarter during the previous year.
About Aerocast Inc.
Aerocast operates a high-growth sand-casting foundry that produces complex aluminum and magnesium castings primarily for the aerospace industry. Customers include Honeywell Aerospace, Hamilton Sundstrand, Sikorsky Aircraft and Shimadzu Precision Instruments. Aerocast is experiencing high demand for its products and has limited competition. Aerocast’s senior management team has over 200 years combined experience in the aerospace foundry industry.
For more information, contact:
Raynard von Hahn, LLB
Chief Executive Officer
Tel. (480) 830-0848 ext. 108
E-mail: raynard.vonhahn @ aerocastinc.com,
Website: www.aerocastinc.com.
Neither the Canadian National Stock Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of the content of this news release..
Not for Distribution in the United States or to U.S. Persons.
If you would like to receive regular updates on Aerocast please send your email request to info@aerocastinc.com. To be removed from this distribution list, send an e-mail to IR @ aerocastinc.com with the word ‘Remove’ in the Subject line.
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March 3, 2010: Aerocast Inc. (CNSX: A; Frankfurt Stock Exchange: 0AE; www.aerocastinc.com) announces that it has SEDAR filed its unaudited financial statements and related management’s discussion and analysis for the interim period ended December 31, 2009, which state that the company generated revenues of $885,837 for the three months ended December 31, 2009, up from $802,131 for the comparable period during 2008. The company’s gross margins for the quarter before foundry expenses and G&A expenses totaled $390,575, compared to gross margins of $224,451 for the comparable quarter during the previous year.
About Aerocast Inc.
Aerocast operates a high-growth sand-casting foundry that produces complex aluminum and magnesium castings primarily for the aerospace industry. Customers include Honeywell Aerospace, Hamilton Sundstrand, Sikorsky Aircraft and Shimadzu Precision Instruments. Aerocast is experiencing high demand for its products and has limited competition. Aerocast’s senior management team has over 200 years combined experience in the aerospace foundry industry.
For more information, contact:
Raynard von Hahn, LLB
Chief Executive Officer
Tel. (480) 830-0848 ext. 108
E-mail: raynard.vonhahn @ aerocastinc.com,
Website: www.aerocastinc.com.
Neither the Canadian National Stock Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of the content of this news release..
Not for Distribution in the United States or to U.S. Persons.
If you would like to receive regular updates on Aerocast please send your email request to info@aerocastinc.com. To be removed from this distribution list, send an e-mail to IR @ aerocastinc.com with the word ‘Remove’ in the Subject line.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA0077311029">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA0077311029</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.