Commercial Solutions Inc.
TSX : CSA

Commercial Solutions Inc.

December 04, 2009 07:00 ET

Commercial Reports Sales of $20.2 Million for Fiscal 2009 Q4

EDMONTON, ALBERTA--(Marketwire - Dec. 4, 2009) - Commercial Solutions Inc. ("Commercial" or "Company") (TSX:CSA) today reported its annual revenues for the three-month and twelve-month periods ended September 30, 2009.

For the three-month period ended September 30, 2009, the Company reported revenues of $20.2 million versus $38.3 million during the same three-month period the year prior.

The Company reported total revenue for the fiscal period of $106.0 million versus $143.4 million during the same period the year prior, representing a year-over-year decrease of 26.1 percent.

The Company also announced that it will report its September 30, 2009 annual financial results at 8:00 a.m. eastern standard time (EST) on December 18, 2009.

About Commercial
Headquartered in Edmonton, Alberta, Commercial is one of Canada's leading independent industrial distributors with 27 Services Centres and approximately 260 employees located across Canada. Commercial offers more than 160,000 items critical to maintenance repair and operations (MRO) and original equipment manufacturer (OEM) customers. The Company represents 450 leading manufacturers and serves over 11,000 customer accounts within a broad cross-section of industries, including oil and gas, forestry, food processing, chemical processing, mining and aggregate, utilities, agriculture and construction. Commercial trades under the symbol "CSA" on the Toronto Stock Exchange. For further information on the Company, please visit www.commercialsolutions.ca and for detailed financial information visit www.sedar.com.

Contact Information

  • Commercial Solutions Inc.
    Rozina Kassam CA
    Chief Financial Officer
    (780) 577-4360
    rkassam@csinet.ca
    or
    Commercial Solutions Inc.
    Jim Barker
    President and Chief Executive Officer
    (780) 577-2220
    jbarker@csinet.ca