Commercial Solutions Inc.
TSX : CSA

Commercial Solutions Inc.

November 20, 2012 14:44 ET

Commercial Reports Revenues of $115.7 Million for Fiscal 2012, a 7.4% Increase Over Fiscal 2011

EDMONTON, ALBERTA--(Marketwire - Nov. 20, 2012) - Commercial Solutions Inc. ("Commercial" or "Company") (TSX:CSA) reported its revenues today for the three-month and twelve-month periods ended September 30, 2012.

For the three-month period ended September 30, 2012, the Company reported revenues of $28.0 million versus $29.2 million during the same period in the year prior, representing a 4.0 percent decrease.

The Company also reported revenues of $115.7 million for fiscal 2012 versus $107.7 million in the prior fiscal year, representing a year-over-year increase of 7.4 percent.

The Company also announced that it will report its September 30, 2012 annual financial results by 8:00 a.m. eastern standard time (EST) on December 18, 2012.

About Commercial

Headquartered in Edmonton, Alberta, Commercial is one of Canada's leading independent industrial distributors with 23 Services Centres and approximately 275 employees located primarily in Western 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, agriculture, firefighting, food processing, chemical processing, mining, utilities, manufacturing, 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.
    James Barker
    President and CEO
    (780) 577 2220
    jbarker@csinet.ca

    Commercial Solutions Inc.
    Rozina Kassam, CA
    CFO and Senior VP of Corporate Services
    (780) 577 4360
    rkassam@csinet.ca

    Nobel Investment Corp.
    Dan Patience
    Investor Relations Agent
    1 (800) 499 2388
    nobleinvest94@gmail.com