Commercial Solutions Reports 20.9% Growth in Revenues for First Quarter of Fiscal 2012
Commercial Solutions Inc. ("Commercial" or "Company") (TSX:CSA) reported its revenues today for the three-month period ended December 31, 2011.
The Company completed its first quarter of fiscal 2012 with revenues of $29.5 million compared to $24.4 million during the same period in the prior year, representing 20.9 percent increase.
The Company also announced that it will report its December 31, 2011 financial results at 8:00 a.m. eastern standard time (EST) on February 29, 2012.
About Commercial
Headquartered in Edmonton, Alberta, Commercial is one of Canada's leading independent industrial distributors with 23 Services Centres and approximately 260 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.
Commercial Solutions Inc.
Rozina Kassam, CA
Chief Financial Officer
(780) 577-4360
rkassam@csinet.ca
Commercial Solutions Inc.
Jim Barker
President and Chief Executive Officer
(780) 577-2220
jbarker@csinet.ca
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