Press releases

(2011-09-21) NOVIK RE-FILES ITS INTERIM FINANCIAL STATEMENTS OF MARCH 31, 2011 AND JUNE 30, 2011

September 21, 2011 (Canada NewsWire Group) – QUEBEC CITY, September 21, 2011 /CNW Telbec/ - Novik Inc. (TSXV: NVK) re-files today its interim condensed consolidated financial statements of March...
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(2011-09-12) Novik inc. appoints Milton Capital Partners for investor communications

September 12, 2011 (Canada NewsWire Group) QUEBEC CITY, September 12, 2011 /CNW Telbec/ - Mr. Michel Gaudreau, President & CEO of Novik Inc. (TSX-V: NVK) is pleased to announce the engagement...
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(2011-08-04) NOVIK REACHES HISTORICAL QUARTERLY SALES

Second quarter 2011 highlights Historic sales record for a quarter at $9.0 M 17% sales growth versus Q2 - 2010 17% sales growth for the first six months Adjusted EBITDA of...
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(2011-06-22) NOVIK ANTICIPATES A RECORD SECOND QUARTER 2011 REVENUE

Quebec, June 22, 2011 − Mr. Michel Gaudreau, President and CEO of Novik Inc., is pleased to announce that the company has achieved record monthly sales for the month of May. Mr. Gaudreau...
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(2011-05-26) APPOINTMENT OF FRANÇOIS GIROUX AS EXECUTIVE VICE-PRESIDENT AND GENERAL MANAGER OF NOVIK INC.

Quebec City, May 26th, 2011  Mr. Michel Gaudreau, President & CEO of Novik Inc. is proud to announce that François Giroux is joining the team as Executive Vice-President and General...
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(2011-05-19) Novik continues its sales growth

First quarter 2011 highlights Record sales for a first quarter at $4.5M 16% sales growth versus first quarter 2010 Increase in gross margin to 36% of sales Adjusted EBITDA of...
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(2011-03-03) Record annual sales and return to profitability for 2010

Record annual sales at $23,776,000; 58% sales growth compared with 2009 Record sales for each quarterly period of 2010 Gross margin maintained at 38% despite an increase in the cost...
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(2010-11-10) NOVIK ANNOUNCES RECORD QUARTERLY SALES

THIRD QUARTER 2010 HIGHLIGHTS Net earnings of $693,000 compared to $93,000 last year Consecutive record quarterly sales at $7.8 M 61% increase in sales during the quarter ...
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(2010-09-24) Interim Consolidated Financial Statements (unaudited) June 30, 2010

Notice from management: The interim consolidated financial statements have not been subject to a review by the company’s external auditors. As...
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(2010-09-24) SECOND QUARTER 2010 HIGHLIGHTS

Record quarterly sales at $7.7 M 84% increase in sales during the quarter 68% sales growth for the first six months US sales increased by 130% through the first six months ...
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(2010-09-23) NOVIK ANNOUNCES RECORD QUARTERLY SALES

SECOND QUARTER 2010 HIGHLIGHTS Record quarterly sales at $7.7 M 84% increase in sales during the quarter 68% sales growth for the first six months US sales increased by 130%...
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(2010-05-27) Novik reaches record first-quarter sales

FIRST QUARTER 2010 HIGHLIGHTS Record first-quarter sales at $3.9 M 155% increase in North American sales 46% sales growth in first quarter 2010 Net loss of $312,000...
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(2010-03-29) Novik announces its 2009 annual financial results

2009 FISCAL YEAR HIGHLIGHTS 16% increase in sales in North America 24% increase in sales in fourth quarter 2009 25% decrease in sales to $15,100,000 explained by decreased...
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(2010-02-25) A leading client of Novik to sell new products in its stores and places order worth more than $300,000

Quebec, February 25, 2010 – Novik Inc. (NVK) is pleased to report the receipt of a large order from a North American client amounting to more than $300,000. "This order coincides with...
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(2009-12-07) Large order totalling $2.3M received from north american customer

Quebec City, December 7, 2009 – Novik Inc. (NVK) is pleased to announce the receipt of a large order from a North American customer in the amount of $2.3M. Mr. Gaudreau, Novik’s president,...
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(2009-11-20) THIRD QUARTER 2009 HIGHLIGHTS

33% decrease in sales to $4,872,000 as a result of the economic slowdown 33% decrease in sales for the first nine months to $11,688,000 Increase in North American sales for the...
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(2009-08-27) NOVIK ANNOUNCES ITS 2009 SECOND QUARTER FINANCIAL RESULTS

SECOND QUARTER 2009 HIGHLIGHTS 38% decrease in sales to $4,172,000 as a result of the economic slowdown 33% decrease in 6 months of 2009 sales to $6,817,000 12% increase...
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(2009-08-03) NOVIK ANNOUNCES ITS 2009 FIRST QUARTER FINANCIAL RESULTS

FIRST QUARTER 2009 HIGHLIGHTS Revenues decrease by 24% to $2,645,000 Gross margin stable at 36% Net loss of $627,000 compared with a net income of $105,000 Quebec City, May...
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(2009-03-30) NOVIK ACHIEVES 32% SALES GROWTH

2008 FISCAL YEAR HIGHLIGHTS 32% sales growth compared with 2007, reaching $20.1M 119% increase in net earnings to $875,000 compared with $400,000 EBITDA adjusted increased by...
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(2008-10-31) Novik sales increase by 43% in third quarter

THIRD QUARTER 2008 HIGHLIGHTS Sales increase by 43% to $7,239,000 Net income increase of 200% to $917,000 compared with $304,000 EBITDA increased by 65% to $1,731,000 ...
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(2008-10-10) NOVIK ANTICIPATES OVER 40% INCREASE IN SALES FOR THIRD QUARTER

QuébecCity, October 7, 2008 – Novik anticipates that its third quarter level of sales will be a record.Sales for the third quarter of 2008 should exceed $7 million,...
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(2008-08-28) SALES INCREASED BY 52%

SECOND QUARTER 2008 HIGHLIGHTS Sales increase by 52% to $6,772,000 Net income increase of 160% to $811,000 compared with $311,000 EBITDA increased in excess of 85% to...
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(2008-08-04) NOVIK ANTICIPATES RECORD-BREAKING QUARTER

Quebec City, June 18, 2008 - Novik anticipates record-breaking quarter for its second quarter. Revenue for Q2 2008 is anticipated to be in the $7 million range which would represent growth of...
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(2008-05-21) Novik commences expansion of its facilities

Quebec City, Quebec, May 21, 2008 – In order to support Novik’s (NVK) strong sales growth to date and forecasted sales growth, the Board of Directors has approved a $5.5 million equipment and plant...
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(2008-05-06) Novik receives initial order of over $7,000,000 for its new cedar plank

Quebec City, May 6, 2008 - Novik has signed a long term distribution agreement with a large European distributor for its new polymer cedar plank. The first order, in the magnitude of over $7...
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(2008-05-01) Novik anticipates strong sales growth in 1st quarter 2008

Quebec City, May 1st, 2008 – For its first quarter of 2008, Novik (NVK) anticipates sales over 40% higher than first quarter of 2007 and are above expectations. This is despite the slowdown in the...
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(2008-03-31) Novik exceeds sales & earnings goals for 2007

2007 fiscal year highlights Record-breaking $15.2 million in sales; up 25% over 2006 Gross margin at 39%; up 7% over 2006 EBITDA adjusted increased to $2.5 million from $500,000...
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(2007-11-15) Saint-Augustin-de-Desmaures, October 24, 2007 - Novik wins a 2007 canadian innovation award

Saint-Augustin-de-Desmaures, October 24, 2007 - Novik Inc. (TSX-V : NVK) announced today its winning of the 20/20 Magazine’s Canadian Innovation Award for New Product Design &...
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(2007-11-15) Quebec City, October 29, 2007 - Novik inc. (NVK) releases today its financial results for the third quarter for the period ended September 30, 2007.

THIRD QUARTER HIGHLIGHTS Net income of $305,000 compared with $106,000 Revenue growth of 25% to $5.1 M Gross margin increased from 34% to 40% EBITDA increase in excess of...
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(2007-10-23) St. John’s, October 23, 2007: Leading-edge technology and an innovative approach to new markets has earned Toronto’s Integran Corporation the title of Innovative Business of the Year.

St. John’s, October 23, 2007: Leading-edge technology and an innovative approach to new markets has earned Toronto’s Integran...
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(2007-10-12) St-Augustin-de-Desmaures, January 16, 2007 - Novik inc. (NVK) closes an agreement with the american giant Menards

St-Augustin-de-Desmaures, January 16, 2007 – Novik Inc. (TSX-V: NVK), announces today that it has signed a distribution agreement for its polymer slate tile replica roofing system with...
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(2007-10-12) Quebec City, August 20, 2007 - Novik inc. (NVK) releases today its financial results for the second quarter for the period ended June 30, 2007

SECOND QUARTER HIGHLIGHTS Record sales of $4.5M Sales growth of more than 20% compared with 2006 Net income of $311,000 compared with loss of $185,000 in 2006 ...
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