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2005 Results
TORONTO - May 15, 2006
Automodular Corporation (“Automodular”) reports 2005 net earnings of $11.0 million or $0.54 per share on sales of $79.2 million compared to a loss of $10.4 million or $0.55 per share on sales of $93.5 million in 2004. The current year included a gain on a legal settlement of $10.1 million on an after-tax basis.
Automodular's consolidated financial statements, management discussion and analysis and annual information form for the year ended December 31, 2005 will be filed on SEDAR by March 31, 2006 and the complete annual report will be mailed to shareholders on or about April 13, 2006. |