Interface reports sales rise; net loss

27 April 2006 – Interface has posted a Q1 sales increase of 6.8 per cent to $250 million, from $234.7 million a year ago.

Net loss for the quarter was $17.1 million, or $0.32, compared to a net loss of $2.2 million, or $0.04 per diluted share for the same period in 2005. Excluding a goodwill impairment and restructuring charges, Q1 net income was $5.7 million, or EPS of $0.11.