Advanced Environmental Recycling Technologies, Inc. Announces Third Quarter Unaudited 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 preliminary, 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, 2007 were $25.7 million, up 20.1% over gross sales of $21.4 million for the quarter ended September 30, 2006. "AERT is focused on gaining market share in the renovation and remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling market with the Company's growing line of MoistureShield green building products," stated AERT CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Joe G. Brooks. "We estimate that over 90% of our third quarter sales were generated from the remodeling market. Although the new homebuilding sector remains depressed, we see many market opportunities for our green building products and we intend to maintain our focus on expanding our MoistureShield and LifeCycle brands to nationwide and international distribution over the next year." About AERT: Since 1989, 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 . . With its constantly evolving portfolio of patented and proprietary recycling technologies, AERT has been widely recognized as a leader in resource conservation innovation, receiving the EPA EPA eicosapentaenoic acid. EPA abbr. eicosapentaenoic acid EPA, n.pr See acid, eicosapentaenoic. EPA, n. Award for Environmental Excellence for its process of converting scrap plastic to composite outdoor decking. AERT converts reclaimed plastic and wood fiber waste into quality outdoor decking systems, fence systems, and door and window components. The Company is the exclusive manufacturer of Weyerhaeuser ChoiceDek[R] decking, which is available in multiple colors and is sold in all Lowe's Home Improvement stores. The ChoiceDek[R] product offering is being expanded this spring in most Lowe's stores. See www.choicedek.com for more information. AERT's MoistureShield[R] and LifeCycle[R] decking programs are expanding and products are available in many parts of the U.S. now, with national distribution planned for 2008. See www.moistureshield.com for product information or to find a regional distributor or dealer. AERT has manufacturing facilities in Springdale, Lowell, and Tontitown, Arkansas; Junction, Texas; and Alexandria, Louisiana. For more information on the Company, visit www.aertinc.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion