Compx International Inc. (NYSE:CIX)

WEB NEWS

Sunday, May 2, 2010

Comments & Business Outlook
"I am pleased with the efforts of our people in the face of the difficult market conditions during 2009," commented David A. Bowers, President & CEO. "Our operations team did an excellent job of responding to the decrease in demand by reducing operating costs by $6.4 million and generating $15.3 million in cash flow from operations for the year. In addition to focusing on improving the efficiency of our cost structure during 2009, we continued to invest in new product offerings and identifying new markets for our products. As a result, we feel that we are well positioned to take advantage of demand growth as it returns."


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