CEMATRIX Announces $6.7 Million In New Contracts
CALGARY, Alberta, March 06, 2024 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products is pleased to announce that it has signed $6.7 million in new and modified contracts, bringing its total contracts announced since the beginning of the fiscal 2024 year to $12.9 million.
- CALGARY, Alberta, March 06, 2024 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products is pleased to announce that it has signed $6.7 million in new and modified contracts, bringing its total contracts announced since the beginning of the fiscal 2024 year to $12.9 million.
- “These new contracts add to the momentum built throughout 2023 that delivered record revenues for CEMATRIX,” stated Jeff Kendrick, CEMATRIX President and CEO.
- Factoring in these new contracts, changes to existing contracts and after deducting sales to the end of January, the company backlog is approximately $100.0 million as of March 6th, 2024.
- The Corporation’s Backlog is defined as Contracted plus Contracts in Process net of sales completed to date.