CHAMPION ROAD MACHINERY LIMITED ANNOUNCES SHARES AUTHORIZED FOR TRADING ON NASDAQ NATIONAL MARKET.GODERICH, ONTARIO--(BUSINESS WIRE)--June 20, 1995--Champion Road Machinery Limited has announced that its Common Shares are now authorized for quotation and trading on The Nasdaq National Market. Champion's Nasdaq trading symbol Trading symbol See: Ticker symbol is "CRMLF." The Company's shares also trade on the Toronto and Montreal stock exchanges Montreal Stock Exchange See Bourse de Montreal, Inc. (Canadian Derivatives Exchange) under the trading symbol "CHN CHN China CHN Chain CHN Canadian Health Network CHN Coalition on Human Needs CHN California Homeschool Network CHN Cleveland Housing Network CHN Center for Human Nutrition CHN Carbon, Hydrogen, Nitrogen CHN Community Health Nurse ." Champion is one of the world's leading manufacturers of graders, compactors, snow removal and related equipment used in the construction and maintenance of roads. The Company, which has a workforce of approximately 750 employees, markets its products throughout the United States and Canada, and in 95 other countries. For the year ended December 31, 1994, Champion earned CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. $9.3 million on net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of CDN$176.3 million. Earnings per share were CDN$0.90. For the first quarter of fiscal 1995, ended April 1, 1995, the Company had net sales of CDN$55.1 million, an increase of 35% over first quarter 1994 sales. First quarter 1995 net income was CDN$3.1 million, an increase of 53% over net income for the corresponding quarter in the previous year. CONTACT: Champion Road Machinery Scott E. Hall, 519/524-2601 |
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