Interviews
Alpha Pro Tech announces Q1 financial results
15 May '08
3 min read
We expect top line growth in 2008 from the Disposable Protective Apparel segment due to our expanded distribution network now that we can sell our products to other distributors which we further solidified by achieving preferred vendor status with a major national distributor during the first quarter.
As well, we have promoted Mark Freeman to VP of Sales from Regional Sales Manager which will allow him to concentrate his efforts on managing our industrial sales team. In addition, Michael Scheerer's position as Sr. VP of Sales and Marketing has been changed to Sr. VP of Marketing to allow him to focus his efforts on marketing programs, working with major national distribution and new product development.
Sales for the Infection Control segment for the balance of 2008 are expected to be similar to that of 2007, with the decrease in first quarter sales primarily being attributed to a one time shield order in the first quarter of 2007 of approximately $600,000.”
Mr. Millar continued, “Engineered Products sales were up slightly but continue to feel the impact of the weak housing market with less houses being built as well as the change in our distribution strategy in the first quarter of 2007. The increase for the quarter is primarily due to a 132.3% or $429,000 increase in sales of REX Synfelt synthetic roof underlayment partially offset by a 36.1% or $356,000 decrease in sales of REX Wrap house wrap.
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As well, we have promoted Mark Freeman to VP of Sales from Regional Sales Manager which will allow him to concentrate his efforts on managing our industrial sales team. In addition, Michael Scheerer's position as Sr. VP of Sales and Marketing has been changed to Sr. VP of Marketing to allow him to focus his efforts on marketing programs, working with major national distribution and new product development.
Sales for the Infection Control segment for the balance of 2008 are expected to be similar to that of 2007, with the decrease in first quarter sales primarily being attributed to a one time shield order in the first quarter of 2007 of approximately $600,000.”
Mr. Millar continued, “Engineered Products sales were up slightly but continue to feel the impact of the weak housing market with less houses being built as well as the change in our distribution strategy in the first quarter of 2007. The increase for the quarter is primarily due to a 132.3% or $429,000 increase in sales of REX Synfelt synthetic roof underlayment partially offset by a 36.1% or $356,000 decrease in sales of REX Wrap house wrap.
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Alpha Pro Tech Ltd
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