TORONTO – Office furniture manufacturer Teknion Corp. announced its results for the fourth quarter of 2006 and the year ended November 30, 2006. Fourth quarter sales for fiscal 2006 were $176.6 million compared to $173.1 for the same period of 2005. For the year, sales were $631.3 million versus $606.2 million in 2005. All geographic regions recorded higher sales in fiscal 2006 compared to fiscal 2005.
U.S. sales for the year increased by 1.7%, while in the fourth quarter, U.S. sales increased by 14.1%. Canadian sales increased by 7.0% in the fiscal year, but declined by 15.2% for the quarter. International sales increased by 8.1% for the year, but declined by 6.8% for the quarter.
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