TITLE

Bestar 4Q profit plunges 65.3%

AUTHOR(S)
Knell, Michael J.
PUB. DATE
March 2007
SOURCE
Furniture/Today;3/5/2007, Vol. 31 Issue 26, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Lac-Megantic, Quebec-based Bestar for the fourth quarter of 2006. Although Bestar posted lower earnings in this period, it was optimistic about 2007. A 4.5 percent sales increase from the same quarter in 2005 to Canadian $9.8 million was not enough to overcome the high value of the Canadian dollar. The company also suffered from a slowdown in sales at one of its major clients.
ACCESSION #
24269790

 

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