4Q 2010 Operating Margins Expected to Soar 20%-on 30% Increase in Revenues Continuing Rising Sales
14 Dicembre 2010 - 11:27PM
Marketwired
Falken Industries Ltd (OTCBB: FLKI) - Operating Margins for this
international leader in the industry are expected to record an
increase of 20% on rising projected sales and revenues increases of
30% notwithstanding heavy development and promotional support for
the company's expanding global distribution network.
"This is particularly noteworthy because FLKI has refused a
policy of pass-along price increases and is now the uncontested
recognized leader for price stability in its industry" said Manuel
Garcia, communications officer. Sales have risen steadily
throughout the difficult period of 2009 and 2010 and demand for
FLKI product conceptions, notably its Clean Plus® product line is
rising materially.
Much of the reported success of the company lies with its noted
and reputed procurement and purchasing efficiencies which have
hedged its raw material cost up to three years, given it
substantial cost advantages over its much larger competitors.
Sales are projected to increase by more than 30% for the 4Q 2010
bested by significant further increases in global market share
because FLKI product concepts have been filling the voids created
by over priced and over extended competitors.
Its new well covered recently introduced product concept
"Brilliance" and its new market agreement for Clean Plus® AUS32 is
projected to explode sales and net revenues in 2011.
About Falken Industries Ltd:
Falken Industries Ltd (OTCBB: FLKI) is a diversified industrial
conglomerate that operates in Chemicals, Wet Wipe and Biodegradable
Technology. Falken Industries Ltd is the concept behind more than
160 products distributed through a network of global platforms and
the recipient of trade awards for innovations, biodegradability and
environmental and health quality standards.
SAFE HARBOR STATEMENT: This news release contains
"forward-looking statements" made pursuant to the safe harbor
provisions of the 1995 Private Securities Litigation Reform Act.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"future," "plan" or "planned," "will" or "should," "expected,"
"anticipates," "draft," "eventually" or "projected." Such
statements are subject to risks and uncertainties that could cause
future circumstances, events, or results to differ materially from
those projected in the forward-looking statements, including the
risks that our products may not achieve customer acceptance or
perform as intended, that we may be unable to obtain necessary
financing to continue operations and development, and other risks.
You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements.
Contacts: Falken Industries Ltd Manuel Garcia Communications
Officer +1609 357 0316 mgarciafaure@falkenltd.com
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