KSSH from OFLC Kesselring Revenues Up 200 Percent in Six Month Comparison
Last Update: 12:19 PM ET Jul 9, 2007
BRADENTON, Fla., Jul 9, 2007 (PrimeNewswire via COMTEX) -- Kesselring Holding Corporation (KSSH : kesselring hldg corp com
KSSH .40, +0.10, +33.3%) today announced an increase in revenue from $2.2 million to $6.7 million for the period ended March 31, 2007, when compared with the same six month period in the previous year. This represents a 200 percent increase. The Company's acquisition of the King Group on July 1, 2006 represents $3.5 million or 78 percent of the increase. "Our ongoing operating performance improved substantially compared with the previous years six months ended as a result of strong organic growth and the acquisition of the King Brothers Woodworking, Inc. and King Door & Hardware, Inc.," said Ken Craig, Kesselring Chief Executive Officer. Kesselring Holding Corporation is the parent company of five subsidiaries that have over 31 years in the restoration, construction and construction-related industry in Bradenton, Florida and Yakima, Washington. About Kesselring Since 1976, Kesselring has grown from a local restoration provider into a Family of Companies in construction, restoration, aluminum products, cabinetry, woodworking, and door and hardware materials. With offices in Florida and Washington State, the companies provide skilled experience, customized project management and a reputation for integrity. For more information about Kesselring Holding Corporation or any of its subsidiaries, please visit www.KesselringCorp.com on the Web or call 941-371-0440. The Kesselring Corporation logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3775 SAFE HARBOR STATEMENT
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