Ryerson Updates Noteholders on 3rd Quarter Financial Results
11/15/2007 - Ryerson provided holders of its Senior Secured Notes with summary financial results for the quarter ended September 30, 2007, noting that additional financial information would be provided on or about November 30, 2007.
Ryerson Inc. provided holders of its Senior Secured Notes with summary financial results for the quarter ended September 30, 2007. The company noted that additional financial information would be provided on or about November 30, 2007.
Ryerson’s unaudited results reflect net income of $9.7 million, of which $9.6 million is applicable to common stock, and net sales of $1432.3 million.
Ryerson noted that it will provide financial statements for the quarter ended September 30, 2007 financial statements, including notes, Management's Discussion, Analysis of Financial Condition, and Results of Operations (as required by the indenture governing the Senior Secured Notes) on or about November 30,
2007. Management will then schedule a conference call to discuss quarterly financial results within 5 days after providing that financial information.
Ryerson Inc. is a leading distributor and processor of metals in North America, with 2006 revenues of $5.9 billion. The company services customers through a network of service centers across the United States and in Canada, Mexico, India and China.
