IPS revenue triples, but year ends in red

Article Abstract:

Image Processing Systems Inc. (IPS) of Markham, Omtario, has tripled its revenue to C$31.8 million for fiscal year 1998. However, its acquisition of Tisma Machinery Corp. of Chicago, IL, has sent its profits down. The company's 1998 revenue results included C$13.6 million in revenue from Tisma, which makes packaging systems that complements IPS's inspection systems. IPS lost C$12.2 million, or 76 cents a share in the year ended Mar. 31, 1998. Most of the losses came from a C$7.9 million good-will write-down related to the Tisma acquisition.

Comment:

Has tripled its revenue to C$31.8 million for fiscal year 1998, but lost on profits

Other Computer Peripheral Equipment Manufacturing, Image Processing Equip, Image processing equipment, Article, Image Processing Systems Inc.

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Garda world finds growth in security

Article Abstract:

Garda World Security, after nine acquisitions in five years has about 8,000 employees and holds the third position in the list of security firms, providing security guards and airport screening staff, and armored-car services. The company ranks second in Canada only to the private, not-for profit Canadian Corps of Commissionaires and earns a total revenue of $6,00,000 in 1995, and is expected to reach $180-million end of 2004 and $205-million in the year 2005.

Communications equipment, not elsewhere classified, Company sales and earnings, Company earnings/profit, Security systems industry, Rankings

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Agrium warns of loss in third-quarter

Article Abstract:

Agrium Inc. is expecting a 10 US cents per share to 15 US cents per share loss during the third-quarter of 2001. The company blamed the expected loss on the drop in prices of nitrogen.

Agricultural Chemicals, Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing, Forecasts and trends, Agricultural chemicals industry, Agrium Inc.

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