Upturn for American Solutions for Business
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This past December, American Solutions for Business, Glenwood, Minn., experienced its largest billing month in 23 years. Compared to the same fiscal period in 2003, the employee-owned company witnessed an increase in revenue of close to 18 percent.
In addition, year-to-date net earnings for a six-month period ending in December 2003 were up 114 percent compared to the same period in 2002.
"This type of performance will have a significant impact on our ESOP (Employee Stock Ownership Plan) share price," said Craig McLain, CEO. "We look for great things at year-end if we can keep the momentum through June."
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