CoreMedia Energy Announces Record Quarter

Chicago, October 15th

CoreMedia Energy today published results for its fiscal fourth quarter ended September 25. The Company achieved a quarterly revenue of $95.2 million and a record quarterly net profit of $31.6 million. International sales accounted for 55 percent of the quarter’s revenue.

Cost savings realized by our new partner ChongXing in Beijing continue to contribute to the large gains in sales and market share. Additionally, a major fire in the 5th Arrondissement of Marseille, France, has destroyed a large number of CoreMedia Energy-maintained restaurants last year. This has lead to a spike in sales and leads in our French division. Our engineers are devising ways to repeat this success in other European cities.

“Clearly, arson can't be a long term strategy. However, the sudden splurge of restaurant owners in Marseille made us think.” said Brian Fraser, CoreMedia Energy CEO. “The money's gotta come somewhere.” 

About CoreMedia Energy

Since 1999, our more than 125,000 customers have come to know Utilities Corp as their premier provider to find virtually anything needed for the restaurant supply industry. We are committed to delivering you expert solutions with the personal attention you deserve.