Omni-Lite Industries Reports Record Revenue in 2007
Omni-Lite Industries Canada Inc.
January 18, 2008
Omni-Lite Industries Canada Inc.'s revenue in fiscal 2007 was approximately $6.92-million (U.S.), an increase of 38 per cent over fiscal 2006.
The record revenue was largely driven by growth in the military and aerospace divisions. Sales in the military division accounted for approximately 42 per cent of total revenue in fiscal 2007. The aerospace division represented approximately 25 per cent of total revenue.
"The record revenue in 2007 was one of the results of implementing the vision 2010 plan," stated Paul Burkey, president and chief operating officer. "In 2007, many improvements in co-ordination and efficiency were realized through the efforts of our employees, suppliers and customers."
Except for historical information contained herein this document contains forward-looking statements. These statements contain known and unknown risks and uncertainties that may cause the company's actual results or outcomes to be materially different from those anticipated and discussed herein.
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INFORMATION CONTAINED HEREIN.
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