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“Our revenue remained strong and exceeded expectations in the last quarter of our year with revenue surpassing one billion dollars for our full fiscal year,” said Per Loof, CEO. “Our accomplishments on cost containment over the past year have continued to benefit our operating results, and we expect that margins will hold in the near-term at or above our fourth quarter results despite rising raw material prices. We remain optimistic about the industry trend and demand for our products in all of our geographic regions, and we remain focused on creating additional value as we begin our next fiscal year.”
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