Welcome to JSA Consultancy Services

A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Canadian office furniture company Inscape goes into red in fourth quarter

Saturday 25 June 2011

Office furniture company Inscape Corp.went into the red in the fourth quarter, on reduced gross margins, higher selling expenses, and a larger loss on derivatives.

The company reported a fourth quarter loss of $206,000, or one cent per share, compared to a profit of $241,000, or two cents per share in the same quarter a year before.

Sales were up to $19.8 million, versus $17.7 million.

The company said reduced gross margins, coupled with higher fixed selling expenses contributed to the net loss.

But Inscape also recorded a larger loss on derivatives than it did in the fourth quarter last year, booking $408,000 in 2011, versus $200,000 in the fourth quarter of 2010.

Subscribe to our News Page

Enter your email here and we will tell you when this page is updated.

 

 

moreLatest News

Monday 24 July 2017 Steelcase Werndl changes name and relocates European Headquarters to Munich

Steelcase Werndl AG, a subsidiary of the American office furniture manufacturer Steelcase, will rena

Wednesday 5 July 2017 Herman Miller Reports Fourth Quarter Fiscal 2017 Results

NOTE: A data supplement with additional financial information relating to the periods covered by thi

Monday 3 July 2017 Furniture maker is one of nation's most 'community-minded' companies

A national nonprofit that connects volunteers to social justice causes has named a local furniture m

Friday 23 June 2017 Trump 'has spent $133,000 on White House furnishings in his first five months in office

President Donald Trump has spent more taxpayer funds on White House furnishings in the first five mo

Contact Us

JSA Consultancy Services
4-5 Gray’s Inn Square, Gray’s Inn,
London, WC1R 5AH, England


+44 (0) 20 7670 1510