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Article Excerpt
LAC-MEGANTIC, Quebec -- Gross revenue for the quarter ended June 30, 2005 totalled C$9,055,000, a decrease of 8.5% compared with C$9,895,000 for the same period last year. Gross revenue for the first six months of 2005 totalled C$19,003,000 compared with C$21,298,000 for the first half of 2004.
"As announced at the end of the first quarter, a gap in the launch date of new products between 2004 and 2005 is the main reason for the decrease in sales. Development and presentation efforts will lead to the renewal of a majority of our product lines sold to our major customers. The renewal process should be completed...
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