Inscape Corp. (TSX: INQ) has reported fourth-quarter sales of $17.5 million and a net loss for the quarter of $721,000, or -$0.05 per share. “The company had a disappointing final quarter,” said President and CEO Rod Turgeon. “Sales revenue declined by 5.4% in constant currency, yielding a full year annual sales revenue decline of 1.8%. Furniture sales revenue grew for the year, while wall division sales declined. To meet our targets, the company must increase revenue faster than the rate of industry growth.”
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