BIOREM posts strong Q1 revenue

Biorem-cropped.jpgGUELPH – Air pollution control equipment maker BIOREM Inc. saw first-quarter revenue increase to $4,038,000, up 27% or $853,000 from Q1 2008. EBITDA was a loss of $182,000, compared to a gain of $234,000, due to an unfavourable currency exchange and “strategic marketing reasons associated with a few specific projects,” according to the company. Click here for the full financial report.

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