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ADF GROUP INC.

09:52 AM EST - ADF GROUP INC. : closed the first quarter of the 2015 fiscal year with revenues of $24.4 million compared with $12.3 million during the same period the previous fiscal year. The gross margin, in dollar value, at $2.8 million, increased by $1.5 million during the three-month period ended April 30, 2014 compared with the same period of the 2014 fiscal year, due mostly to the increase in fabrication and installation volume. As a percentage of revenues, the gross margin remained fairly stable at 11.6% during the three-month period. ADF GROUP INC. shares T.DRX are trading down $0.10 at $2.70.