AERT Announces Third Quarter Gross Sales.SPRINGDALE, Ark. -- Advanced Environmental Recycling Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AERT AERT Advanced Environmental Recycling Technologies, Inc AERT Animal Emergency Response Team ) announced that unaudited gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. for the quarter ended September 30, 2006 were $21.4 million, down 10.1% from the $23.8 million gross sales for the quarter ended September 30, 2005. Sales were down from the comparable quarter last year as the Company was attempting to start up its new production facility as well as conduct major maintenance and retooling initiatives at existing plants. For the nine months ended September 30, 2006, unaudited gross sales were $78.6 million, up 19.6% from $65.7 million gross sales generated during the first nine months of 2005. AERT will release its full third quarter 2006 results after the NASDAQ market closes on or about Tuesday, November 14, 2006. About AERT: AERT has pioneered the use of recycled polyethylene plastic in the manufacture of composite building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . since 1989. Our products are marketed as a substitute for wood and plastic filler materials for standard door components, windowsills, brick mould, fascia fascia (făsh`ēə), fibrous tissue network located between the skin and the underlying structure of muscle and bone. Fascia is composed of two layers, a superficial layer and a deep layer. board, and decking under the trade names LifeCycle[R], MoistureShield[R], MoistureShield[R] CornerLoc[R], Weyerhaeuser ChoiceDek[R] Classic, Weyerhaeuser ChoiceDek[R] Plus, Weyerhaeuser ChoiceDek[R] Premium, ChoiceDek[R] Classic Colors, ChoiceDek[R] Premium Colors and MoistureShield[R] outdoor decking. We operate manufacturing facilities in Springdale, Lowell, and Tontitown, Arkansas Tontitown is a city in Washington County, Arkansas, United States. The population was 942 at the 2000 census. Tontitown is part of the Fayetteville- Springdale- Rogers Metropolitan Area. Geography Tontitown is located at (36. ; Junction, Texas and Alexandria, Louisiana. AERT's stock is traded on the NASDAQ Capital Market Originally called the NASDAQ Small Cap Market, NASDAQ announced a name change to the NASDAQ Capital Market on September 27, 2005. [1] The NASDAQ Capital Market exists for securities of smaller, less-capitalized companies (small caps) that do not qualify for (NASDAQ:AERT) and is included in the Russell Microcap[TM] Index. Statements and comments made by management may include statements, estimates or projections that constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Although the Company believes that comments reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. We provide additional information regarding risks and uncertainties in our filings with the Securities and Exchange Commission including AERT's most recent 10-K for the year ended December 31, 2005 and the subsequent 10-Qs filed by the Company. Any forward-looking statements speak only as of the date on which they are made and the Company expressly disclaims any obligation to update them. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion