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Article: Barzel Industries Inc. Announces Second Fiscal Quarter 2009 Results.

Article from:
Transportation Business Journal
Article date:
August 16, 2009
Copyright

Fourth sentence of first paragraph after bullets of release dated July 21, 2009 should read: Our daily shipment rates for revenue are up 25.2% from the trough second quarter rate. We have seen gross margin contributions in excess of 30% across several product lines that has driven the overall margin to about 20% for June, reflecting higher shipping rates and lower costs of materials (sted Our daily shipment rates for revenue are up 25.2% from the trough second quarter rate and our June gross margin contribution is approximately 30.0%, reflecting higher shipping rates and lower costs of materials).

The corrected release reads: BARZEL INDUSTRIES INC. ANNOUNCES ...

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