RE: WTF?Looks pretty much as expected to me, no surpises, met earnings expectations, still optimistic about NB approval soon, maintained annual guidance. The key comments are copied below;
-- The Company's current backlog of contracts is expected to keep
both its existing and new plants full for the next several
years allowing for the healthy growth in revenues and earnings
to continue for the foreseeable future.
The Company reiterates that it is confident in achieving the previously stated financial guidance of Cdn. $70 -$75 million (U.S. $50 - $53 million) in revenue and Cdn. $1.20 - $1.30 (U.S. $0.85 - $0.92) in earnings per share. This represents a further 50% increase in sales revenue and a 70% increase in earnings over 2002 record levels.
Cheers!!!