Novik expects record Q1 sales in 2012

    







        --  19% First Quarter 2012 Sales Growth Expected




 QUEBEC CITY, April 19, 2012 /CNW Telbec/ - Novik Inc.  is  pleased to announce that it expects to attain record first quarter  sales of $5.4 million, representing growth of 19% over sales of $4.5  million recorded in the first quarter of 2011. Additionally, Novik  expects Q1 2012 results to show year-over-year improvement in margins  and profitability. 

 "We are very pleased with Novik's performance in the first quarter of  2012," stated Michel Gaudreau, President & CEO, "Novik is realizing  sales growth in North America and margins and profitability continue to  improve. We have seen improvement in sales with our major customers in  this territory." 

 Novik will release its financial results for Q1 2012 on May 17, 2012,  the day on which it will hold its annual general meeting for  shareholders. The AGM will be held at 10am at Novik's head office in  Quebec. 

 About NOVIK 

 Novik  is a leader in the design, manufacturer and  distribution of innovative polymer exterior siding, roofing coverings  and accessories that replace traditional materials such as stone, brick  or wood shingles.  These products target the world-wide residential and  commercial construction industry. 

 Forward-looking statements contained in this press release involve known  and unknown risks, uncertainties or other factors that may cause actual  results, performance or achievements of the company to be materially  different from any future results, performance or achievements  expressed or implied by such forward-looking statements. 

Novik Inc.


CONTACT:  Source :  Novik inc.For further information:Michel GaudreauPresident, Chief Executive OfficerTel. : [phone]E-mail : [e-mail] Pascal BouthotChief Financial OfficerTel. : [phone]E-mail : [e-mail] 


    

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