Boise Cascade Holdings, L.L.C. (BC Holdings or Company) announced a net loss of $15.4 million for the quarter ended June 30, 2008.
First Quarter Revenues Up 10% to $285.2 Million
Corporate Marketing and Communication Specialist Joins Web-To-Print Leader
Mr. Alain Lemaire, President and Chief Executive Officer of Cascades Inc. (CAS on the Toronto Stock Exchange), is pleased to announce the appointment of Mr. Allan Hogg as Vice-President, Finance and Treasury.
– Sales increased 5% to $618.4 million vs. combined first quarter 2008(1) – Income from operations of $7.6 million, net loss of $18.1 million ($0.23 per share) – EBITDA(2) of $40.1 million, up from $26.3 million in combined first quarter 2008
Heiler Software has expanded its Product Management team. Heiko Rumpl will be heading up future software development in the area of Product Communication for web shops, e-catalogs and printed catalogs with immediate effect.
Gerber Scientific, Inc. (NYSE:GRB), a worldwide leader in integrated automation solutions, today announced it is reducing its global work force by approximately 6 percent. This reduction is in response to a significant softening in demand during the fiscal first quarter ended July 31, 2008 for the Company’s ophthalmic lens processing and apparel and flexible materials equipment.
