Free press releases distribution network?

Agency / Source: Waverley Glen

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Prism Medical Ltd Reports 2008 Annual Financial Results - Prism Medical Ltd (PM: TSX-VEN) announced today that its 2008 revenues increased to $51.9 million compared to $43.8 million in 2007
Prism Medical Ltd Reports 2008 Annual Financial Results

 

PRZOOM - /newswire/ - Vaughan, Ontario, Canada, 2009/03/18 - Prism Medical Ltd (PM: TSX-VEN) announced today that its 2008 revenues increased to $51.9 million compared to $43.8 million in 2007.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Prism Medical Ltd. (“Prism” or “the Company”) announced its annual results for the fiscal year ended November 30, 2008.

In 2008, revenues were $51.9 million compared to $43.8 million in 2007. Sales in North America increased $7.3 million or 51% to $21.8 million driven by the increase in sales to the United States. The Company focused its efforts in the US market place by significantly increasing the number of sales representatives. In addition, the UK experienced increased sales of 12% in British Pound Sterling(GBP) as they continued expansion in new geographies, however due to the decline of the GBP relative to the Canadian dollar sales actually increased by 3%.

In 2008 Gross profit increased $4,222 (23%) in 2008 over 2007 driven by the sales increase and higher percentage of sales made by the Company owned network of dealers and direct sales staff.

Andrew McIntyre, Chairman and CEO of Prism stated “2008 was a year of growth with significant gains in the United States and continued growth in the UK. Net income was $4,527 or $0.67 per share on a fully diluted basis, as compared to $3,294 or $0.45 per share in fiscal 2007”.

The Board of Directors of Prism has approved payment on April 1, 2009 of a dividend of 7.5 cents per common share to the shareholders of record March 18, 2009. A dividend policy has been established to pay a quarterly dividend of 7.5 cents per common share, although this dividend may change based on future circumstances.

About Prism Medical
Prism Medical Ltd. (prismmedicalltd.com) is a provider of durable medical equipment and related services to the mobility disadvantaged in Canada, the USA and the United Kingdom. While Prism’s history dates back to 1996, Prism’s subsidiaries and divisions have been servicing the mobility disadvantaged since the mid 1980s in their homes, long-term care facilities and acute care facilities. Prism includes Waverley Glen Systems, North America’s premier ceiling lift manufacturer with distribution across Canada and the US; Patient Lifts of New England with distribution across the northeastern USA; Westholme and Care Free Lifting & Handling, leading distributors of moving and handling products in the UK; and Freeway Health Care, a UK-based manufacturer of ceiling hoists and shower chairs.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Waverley Glen

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


Prism Medical Ltd Reports 2008 Annual Financial Results

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Eva Salinas - WaverleyGlen.com 
905-850-1454 esalinas[.]prismmedicalltd.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Waverley Glen securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Waverley Glen / Company Profile


Read Medical Services/Equipment Most Recent Related Press Releases:

ZOLL Expands the Rescuer Experience at EMS Today
Traditional Mass Spectrometers Give Way to High-resolution Technologies Such as MALDI-TOF Finds Frost & Sullivan
AccuVein, Inc. Named A Best Place to Work in Medical Sales for Second Consecutive Year
Ansell Limited Acquires Cleanroom and Healthcare Consumables Manufacturer Nitritex Limited
ZOLL to Showcase Expanded Portfolio of Advanced Resuscitation and Acute Critical Care Technologies at Arab Health 2017
Frost & Sullivan Awards Ansell for Entrenching itself in the Hand Protection Market with its Visionary Products and Technologies
ZOLL RescueNet ePCR Achieves Latest National Compliance Standard
Eye Tech Care Wins Top Honours from Frost & Sullivan for Developing the EyeOP1, the Only Computer-assisted System for Glaucoma Therapy
Frost & Sullivan Recognizes Nuvectra’s Pioneering Spinal Cord Stimulation Product for Chronic Pain Management
GE Healthcare to Commercialize Rapiscan® Outside the US, Canada & Mexico for Increased Access to Heart Exams

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2017 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today