Cervus Achieves Record Second Quarter Revenue for the Three Months Ended June 30, 2017, Board of Directors Approves Normal Course Issuer Bid

Cervus Achieves Record Second Quarter Revenue for the Three Months Ended June 30, 2017, Board of Directors Approves Normal Course Issuer Bid

"Cervus reported record second quarter revenue on strong equipment sales along with accelerated parts and service activity across all divisions, resulting in a $57.4 million, or 26% increase in sales," said Graham Drake, President and CEO of Cervus. "Further, our ongoing focus on service optimization increased overall service gross profit margin by 1.8% compared to the second quarter of 2016. I am pleased to see the continued progress of our service initiatives reflected in the quarter’s positive financial results."

Cervus’ Board of Directors have approved proceeding with a Normal Course Issuer Bid (the "NCIB") for up to 10% of the […]

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