Datamark Systems Group Inc.
TSX : DMK

Datamark Systems Group Inc.

March 24, 2006 17:43 ET

Datamark Systems Group Inc. Announces Results for Fourth Quarter and Year Ended December 31, 2005

MONTREAL, QUEBEC--(CCNMatthews - March 24, 2006) - Datamark Systems Group Inc. (TSX:DMK)

Despite challenging business conditions, the Company increased its operating cash flow for the full year of 2005. Net indebtedness (long-term debt, capital lease obligation, bank indebtedness and current portion of long-term debt and capital lease obligation, minus cash and cash equivalents) was reduced to $441,381 as at December 31, 2005 compared to $6,856,835 at the end of 2004.

Three-month period ended December 31, 2005 compared to three-month period ended December 31, 2004

Consolidated sales for the fourth quarter ended December 31, 2005 were $29,259,675 compared to $30,162,967 in the fourth quarter in 2004. This decrease reflects lower sales of commercial printing and labels due mainly to the timing of contracts.

Net earnings were $1,373,867 compared to $1,173,631 in the fourth quarter of 2004. Basic earnings per share were $0.11 compared to $0.10 in the same 2004 period.

Year ended December 31, 2005 compared to year ended December 31, 2004

Consolidated sales for the year ended December 31, 2005 decreased to $112,467,601 compared to $115,918,945 in 2004. This decline reflects mainly lower sales of traditional business forms and carbonized airline tickets.

Net earnings for 2005 were $3,408,288 compared to $3,600,331 in 2004. Basic earnings per share were $0.28 compared to $0.30 in 2004.

The Company will file its 2005 Annual Report, including the Management's Discussion and Analysis (MD&A), with SEDAR on March 31, 2006.

Datamark Systems Group Inc. is dedicated to providing efficient and innovative document Management solutions. The company's operating divisions and subsidiaries, Datamark Systems, Proforms and Les Impressions Intra-Media Inc. provide a full range of products and services including forms, labels, airline products and short and long run commercial printing. Document management services encompass warehousing and distribution as well as customized inventory and cost reporting.

Datamark Systems Group

Inc.'s plants and distribution centers are in Quebec, Ontario, Manitoba and Alberta. Datamark Systems Group Inc. is listed on the Toronto stock Exchange under the symbol DMK.

Contact Information

  • Datamark Systems Group Inc.
    Jeffrey Zunenshine
    President
    (450) 663-7878, ext. 410