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Published on 10/24/2005 in the Prospect News Distressed Debt Daily.

Russell-Stanley reports EBITDA of $7.26 million for September

New York, Oct. 24 - Russell-Stanley Holdings, Inc. announced EBITDA of $7.26 million for September on sales of $182.29 million, according to a filing Friday with the U.S. Bankruptcy Court for the District of Delaware.

The company showed a net loss of $3.84 million for the month.

Cash at Sept. 30 was $6.48 million.

Russell-Stanley, a Bridgewater, N.J., maker of plastic drums and steel drums and an industrial container supply chain management company, filed for bankruptcy on Friday. Its Chapter 11 case number is 05-12339.


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