RE: Outstanding Results
From Management discussion:
Jacques L’Ecuyer, President and Chief Executive Officer of 5N Plus, said “We are pleased to report our fourth quarter and year-end results for what has been a truly outstanding period for 5N Plus. With the acquisition of MCP, we have literally transformed our company into a specialty metals and chemicals powerhouse with a strong focus on clean technology markets. Our fourth quarter and year-end results, which are at record levels both in terms of revenues and profitability, are very much in line with our expectations and quite indicative of what we believe the future holds for our company. We now have a much broader product portfolio and a well-diversified customer base supported by operations worldwide and a strong commercial network, providing an expanded organic growth platform that we can leverage to further develop our company.”