AERT Reports October Gross Sales.SPRINGDALE, Ark. -- Advanced Environmental Recycling Technologies Inc. (Nasdaq:AERTA AERTA Army Environmental User Requirements and Technology Assessments (US Army) ) 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 October 2004 were $5.2 million, up 73% over the $3.0 million gross sales for October 2003. AERT AERT Advanced Environmental Recycling Technologies, Inc AERT Animal Emergency Response Team converts reclaimed plastic and wood fiber waste into Weyerhaeuser ChoiceDek(R) outdoor decking systems, MoistureShield(R) door and window components, and MoistureShield(R) CornerLoc(TM) exterior trim and 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. components. AERT operates five manufacturing facilities in Springdale, Ark.; Lowell, Ark.; Tontitown, Ark.; Junction, Texas Junction is a city in Kimble County, Texas (USA). The population was 2,618 at the 2000 census. It is the county seat of Kimble CountyGR6. Geography Junction is located at (30.489772, -99. ; and Alexandria, La. The Company's products are sold across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . ChoiceDek Premium decking is marketed exclusively through Lowe's Home Improvement Warehouses throughout the United States. The statements in this press release in regards to the Company's expected sales performance and operating results, its anticipated financial condition and its business strategy constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that could cause the Company's actual operating results to differ materially. Such risks and uncertainties include the extent of market acceptance of the Company's products, the sensitivity of the Company's business to general economic conditions, and the highly competitive markets in which the Company operates. Additional information concerning these risks and uncertainties is contained in our filings with the Securities and Exchange Commission in Form 10-KA for the year ended December 31, 2003, filed April 29, 2004. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion