Archive: 2002
Servotronics, Inc. Announces 9 Month and 3rd Quarter Results
1110 Maple Street ¨ P.O. Box 300 ¨ Elma, New York 14059-0300 ¨ 716-655-5990 ¨ FAX 716-655-6012 November 14, 2002 SERVOTRONICS, INC. (AMEX-SVT) ANNOUNCES 9 MONTH AND 3rd QUARTER RESULTS Elma, NY — Servotronics, Inc. (Amex – SVT) reported net income for the nine month period ended September 30, 2002 of $245,000 (or $0.13 per share – Basic […]
Read MoreServotronics, Inc. Receives $2.7 Million Order for Standard Missile Components
1110 Maple Street ¨ P.O. Box 300 ¨ Elma, New York 14059-0300 ¨ 716-655-5990 ¨ FAX 716-655-6012 SEPTEMBER 18, 2002 SERVOTRONICS, INC. (AMEX-SVT) RECEIVES $2.7 MILLION ORDER FOR STANDARD MISSILE COMPONENTS Elma, NY – Servotronics, Inc. (AMEX-SVT) announced today that Raytheon Missile Systems has awarded Servotronics a contract for the production of control hardware for the Standard Missile […]
Read MoreServotronics, Inc. Announces Adoption of Shareholder Rights Plan
1110 Maple Street ¨ P.O. Box 300 ¨ Elma, New York 14059-0300 ¨ 716-655-5990 ¨ FAX 716-655-6012 August 27, 2002 SERVOTRONICS, INC. (AMEX-SVT) ANNOUNCES ADOPTION OF SHAREHOLDER RIGHTS PLAN Elma, NY – Servotronics, Inc. (AMEX-SVT) announced today that its Board of Directors has adopted a Shareholder Rights Plan and declared a dividend distribution of one Preferred Share Purchase […]
Read MoreServotronics, Inc. Announces 6 Month and 2nd Quarter Results
1110 Maple Street ¨ P.O. Box 300 ¨ Elma, New York 14059-0300 ¨ 716-655-5990 ¨ FAX 716-655-6012 August 14, 2002 SERVOTRONICS, INC. (AMEX-SVT) ANNOUNCES 6 MONTH AND 2nd QUARTER RESULTS Elma, NY — Servotronics, Inc. (Amex – SVT) reported second quarter net income of $133,000 (or $0.07 per share – Basic and Diluted) on revenue of $4,300,000 as […]
Read More2002 Annual Meeting Report
1110 Maple Street ¨ P.O. Box 300 ¨ Elma, New York 14059-0300 ¨ 716-655-5990 ¨ FAX 716-655-6012 July 3, 2002 SERVOTRONICS, INC. (AMEX-SVT) Servotronics’ Chairman and President, Dr. Nicholas D. Trbovich, reviewed highlights of the Company’s operational and financial achievements in 2001 including the 68% year-to-year increase in net income and the Company’s current strong balance sheet. The […]
Read MoreServotronics Announces First Quarter Results
1110 Maple Street ¨ P.O. Box 300 ¨ Elma, New York 14059-0300 ¨ 716-655-5990 ¨ FAX 716-655-6012 May 15, 2002 SERVOTRONICS, INC. (AMEX-SVT) ANNOUNCES FIRST QUARTER RESULTS Elma, NY — Servotronics, Inc. (Amex – SVT) reported a net income of $106,000 (or $0.06 per share – Basic and Diluted) on revenue of $3,834,000 for the quarter ended March […]
Read MoreServotronics, Inc. Announces Year End Results
1110 Maple Street ¨ P.O. Box 300 ¨ Elma, New York 14059-0300 ¨ 716-655-5990 ¨ FAX 716-655-6012 March 28, 2002 SERVOTRONICS, INC. (AMEX-SVT) ANNOUNCES YEAR END RESULTS Elma, NY — Servotronics, Inc. (Amex – SVT) reported an approximate 68% increase in net income of $700,000 (or $0.37 per share – Basic and Diluted) on revenues of $17,934,000 for […]
Read More2001 Year End News Release
March 28, 2002 SERVOTRONICS, INC. (AMEX-SVT) ANNOUNCES YEAR END RESULTS Elma, NY — Servotronics, Inc. (Amex – SVT) reported an approximate 68% increase in net income of $700,000 (or $0.37 per share – Basic and Diluted) on revenues of $17,934,000 for the year ended December 31, 2001 as compared to net income of $418,000 (or […]
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