businesspress24.com - Empire Industries Reports Third Quarter Results
 

Empire Industries Reports Third Quarter Results

ID: 1321636

(firmenpresse) - WINNIPEG, MANITOBA -- (Marketwired) -- 11/27/14 -- Empire Industries Ltd. (TSX VENTURE: EIL) today reported its unaudited consolidated financial results for the third quarter ended September 30, 2014. The unaudited consolidated financial statements and MD&A have been filed on SEDAR and can be viewed at or at .

Summary of Third Quarter 2014 results

"I am pleased to report that the company continued to improve its bottom line and strengthen its balance sheet," said Guy Nelson, Chief Executive Officer of Empire Industries Ltd. "The diversity of our business made this happen as gains in steel fabrication and hydrovac truck manufacturing offset reductions in media based attractions and our commitment to invest in our industry leading, new product development."

About Empire Industries Ltd.

Empire Industries Ltd. manufactures specialized engineered products and sells these products domestically and in select international export markets. The company has developed, designed and engineered products for the rapidly growing, global, media based attractions market. The company also provides steel fabrication & installation services, primarily to the industrial, commercial and infrastructure market in Western Canada. The company also has two key strategic equity partnerships; a 49% ownership of ACE Industrial Services that operates in the oil sands industrial maintenance services market, and a 45% ownership of a Chinese joint venture company in the steel fabrication market in Asia. Empire''s common shares are listed on the TSX Venture Exchange under the symbol EIL.

For more information about the Company, visit .

Reader Advisory

This news release contains forward-looking statements, within the meaning of applicable securities legislation, concerning Empire''s business and affairs. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". These forward-looking statements are based on current expectations, and are naturally subject to uncertainty and changes in circumstances that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking information is provided as of the date of this press release, and Empire assumes no obligation to update or revise them to reflect new events or circumstances, except as may be required under applicable securities laws.





Neither the 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:
Guy Nelson
Chief Executive Officer
Phone: (416) 366-7977
Email:

Allan Francis
Vice President - Corporate Affairs and Administration
Phone: (204) 589-9301
Email:


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Bereitgestellt von Benutzer: Marketwired
Datum: 27.11.2014 - 18:40 Uhr
Sprache: Deutsch
News-ID 1321636
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WINNIPEG, MANITOBA


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Construction


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