Rogers Ups Q4 Guidance, Predicts 2010 Gains | Print |  E-mail
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Written by Mike Buetow   
Friday, 08 January 2010 15:29

ROGERS, CT -- Rogers guided for full year 2010 sales of $320 million, up $28 million from 2009.

Rogers historically has not provided annual guidance, but said in a press release that "in light of the unprecedented economic climate of the last year it believes it is prudent." 

For its fourth quarter 2009, the company expects sales of approximately $78 million, above previously announced guidance of $73 million to $77 million.

President and CEO Robert Wachob said, “We see uneven signs of recovery around the world. This causes us to remain cautious and continue to keep a tight rein on our expense levels. [W]e ended the year with sales rebounding from the depressed levels of the first half of 2009. We are well positioned at the beginning of 2010, our markets have stabilized, and we are poised to take advantage of any growth opportunities that arise.”


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Last Updated on Wednesday, 09 June 2010 19:19
 

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