Date: March 6, 2006
Source: News Room
Gundle/SLT Environmental has reported a net loss of $353,000 for the quarter ended Dec. 31, 2005, compared with net income of $271,000 for the same period in 2004. Revenues for the fourth quarter of 2005 were $73.4 million, up from $67.4 million for the fourth quarter of 2004. For the year, Gundle recorded net income of $694,000, down from $1.99 million in 2004. Revenues for 2005 were $317.6 million, up from $287.9 million in 2004. Company officials said that the decline in business from domestic customers was offset by higher sales in international markets. More information: www.gseworld.com.
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