RDVA Inc (PK:RDVA)

Business Focus: Non-Paper Containers & Packaging

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Sector: Basic Materials	Industry: Non-Paper Containers & Packaging

See Regulatory Filings on SEC

Company Contact

Address:	PO Box 2900 RADFORD VA 24143
Tel:	N/A
Website:	N/A
IR:	N/A

Key People

Luther I. Dickens Chief Executive Officer, Director	William F. Fry Chief Financial Officer	Stephen L. Dickens President, Chief Operating Officer
Michael R. Samples Vice President, Manufacturing

Business Overview

RDVA, Inc., formerly RADVA Corporation, is engaged in the design and manufacture of protective and temperature-sensitive packaging and shapes. The Company's custom protective packaging are used in heavy military equipment, furniture and miniature diodes. It serves various industries, including high technology, agriculture, consumer electronics, automotive, appliances, textile, pharmaceuticals, agriculture, medical, perishable foods, wine and beer, food and beverage, and manufacturing. Its packaging types include corner pads, such as Corner Pad A, Corner Pad C, Corner Pad D and Corner Pad E; edge pads, and specialty pads, such as 5400IC, 5875IC, Beer Shipper and Wine Shipper. Its insulated containers are used for food, agriculture, medical, pharmaceutical and other perishable goods. It offers specialty containers, including Fish Box, I C Shipper and Whole Blood Box, and standard, including RADVA 00, RADVA 02, RADVA 022, RADVA 024, RADVA 026, RADVA 028, RADVA 04, RADVA 06 and RADVA 08.

Financial Overview

For the fiscal year ended 31 December 2004, RDVA Inc revenues decreased 14% to $8.2M. Net loss increased from $117K to $824K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Other decrease of 21% to $68K (income). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.03 to -$0.21.

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