Date: February 6, 2003
Source: News Room
Gundle/SLT Environmental, Inc. (NYSE: GSE) has announced a net loss of $1.5 million, or $.13 per diluted share, for its fourth quarter ended Dec. 31, 2002. This compares to net income of $550,000, or $.05 per diluted share, for the same period in 2001. The year 2001 figures do not include any of the results of Serrot International, Inc., acquired February 4, 2002. For the year ended Dec. 31, 2002, the company recorded net income of $38.9 million, or $3.34 per diluted share, compared to $1.4 million, or $.12 per diluted share for the 2001 year.
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