All figures in CAD    For the three months ended December 31                
                             2012            2011   % Change       $ Change 
Revenue             $  27,405,643   $  29,521,360       -7.2%  $ (2,115,717)
EBITDA (i)          $     404,220   $   1,257,768      -67.9%  $   (853,548)
Net Earnings        $    (160,325)  $     368,018     -143.6%  $   (528,343)
Basic EPS (ii)      $       (0.01)  $        0.02                           
Diluted EPS (ii)    $       (0.01)  $        0.02                           
                                                                            
(i) EBITDA is defined as Earnings Before Interest, Taxes, Depreciation &    
 Amortization                                                               
(ii) EPS is defined as Earnings Per Share                                   



COMMERCIAL SOLUTIONS INC. ("Commercial" or "Company") (TSX:CSA) a leading
Canadian distributor of bearings, power transmission equipment, oilfield,
industrial, and safety products today announced its financial results for the
three-month period ended December 31, 2012. A complete copy of the Company's
report will be available on the Internet at www.sedar.com.


Financial highlights from first quarter of fiscal 2013 are as follows:

Commercial reported revenues of $27.4 million, a $2.1 million decline from the
same period in the prior year. EBITDA for the quarter was $0.4 million in
comparison to $1.3 million in the same period last year, representing a $0.9
million decline. The Company reported net loss of $0.2 million for the quarter
compared to net earnings of $0.4 million during the same quarter of fiscal 2012
representing a $0.6 million decline.


The decrease in earnings was primarily due to lower revenues, lower gross margin
rates and higher operating expenses. After normalizing for the one-time legal
expenses directly related to the potential sale of the Company, operating
expenses were consistent with the prior year. Lower gross margin rates were
directly related to sales mix as a higher proportion of sales related to high
dollar value capital equipment sold for rig building in comparison to the prior
year. There were several reasons that contributed to the reduced revenues:




1.  Christmas holiday timing reduced the number of business days and drove
    dramatic shifts in sales activity in December. Total of October and
    November revenues were consistent with the revenues reported in the same
    period of the prior year. For December 2012, sales were lower than prior
    year primarily due to number of billing days in the month. Normalized
    for this effect, first quarter sales were approximately 1.6% ($476,450)
    lower than the same period in the prior year. 
2.  Reduction in drilling activity in Western Canada. The Canadian
    Association of Oilwell Drilling Contractors rig utilization data in the
    first quarter of fiscal 2013 was 43.5% compared to 60.7% in the same
    period of the prior year. 
3.  United States "fiscal cliff" concerns contracted expected December
    customer spending. 



With respect to the recent announcement of the purchase offer withdrawn by
Industrial Distribution Group ("IDG"), Jim Barker, President and CEO of
Commercial noted, "We are disappointed in IDG's decision to withdraw its offer
to purchase Commercial Solutions. While no detailed reasons were forthcoming, we
will continue to run our business to enhance profitability by maintaining a
strong balance sheet and a cost structure that helps withstand the ongoing
volatility in our key markets. We have built an enterprise with a fundamentally
sound business model with high quality people and excellent relationships with
our senior lender, key vendors, and customers. We believe that we are well
positioned to continue to support ongoing operations in our business driving
organic growth as well as opportunistically pursue selective acquisitions. Due
to recent events, our Board of Directors and Officers of the Company will be
reviewing strategic alternatives with a serious examination of options that
would provide additional value to all shareholders. The review of these
alternatives will start immediately and is expected to be ongoing over the next
two quarters. Updates will be provided as appropriate."


About Commercial

Headquartered in Edmonton, Alberta, Commercial is one of Canada's leading
independent industrial distributors with 23 Service s Centres and approximately
275 employees located primarily in Western Canada. Commercial offers more than
160,000 items critical to maintenance repair and operations (MRO) and original
equipment manufacturer (OEM) customers. The Company represents 450 leading
manufacturers and serves over 11,000 customer accounts within a broad
cross-section of industries, including oil and gas, forestry, agriculture,
firefighting, food processing, chemical processing, mining, utilities,
manufacturing, and construction. Commercial trades under the symbol "CSA" on the
Toronto Stock Exchange. For further information on the Company, please visit
www.commercialsolutions.ca and for detailed financial information visit
www.sedar.com.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Commercial Solutions Inc.
Dan Patience
Investor Relations
(800) 499-2388
nobleinvcorp@platinum.ca


Commercial Solutions Inc.
Rozina Kassam, CA
CFO
(780) 577-4360
rkassam@csinet.ca
www.commercialsolutions.ca

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