Question-and-Answer Session
Operator
At this time, if you’d like to ask a question please press the star and one on your touchtone phone. You may remove your question from the queue by pressing the pound sign. Once again to ask a question, please press the star and one on your touchtone phone. Our first question comes from Arny Ursaner from CJS Securities, your line is now open.
Arny Ursaner – CJS Securities
Good morning Barclay Simpson, how are you today. First a quick question on international sales, you mentioned Europe for the year was up 14.6%, what was it up for Q4 and what is it as a percent of your total sales please?
Barclay Simpson
Okay, let’s see, Europe in Q4 was up 12.9% and it was 13.8% of our total. What was your other?
Arny Ursaner – CJS Securities
Well that’s a lot lower than what you’ve been having as a percent of your total.
Barclay Simpson
Oh no, not for Europe.
Arny Ursaner – CJS Securities
I thought international though was 20% of your sales last quarter.
Barclay Simpson
Oh international, I thought you were asking about Europe.
Arny Ursaner – CJS Securities
No I was trying to get a feel for?
Barclay Simpson
Oh international?
Arny Ursaner – CJS Securities
Right.
Barclay Simpson
Oh okay, international was 20.9% in the quarter and for the year, god it’s hard to read, is that 19.6? Yes, 19.6%. And both those are up substantially from the prior year.
Arny Ursaner – CJS Securities
My second question relates to the whole facility you’re building in China, can you give us some feel for what you think it will cost you in terms of cap ex, what you think your 09 revenues might be and you mentioned you didn’t expect it to be profitable for perhaps a year, I’m assuming you mean a year after you started up?
Barclay Simpson
Well it’s, at this point, any estimate of when it’s going to be profitable really doesn’t mean much. All I can say is that we’re pushing hard and we’ll get it that way as soon as we can but we’ve got to find out a lot of things about that market first. And Mike what’s the cost?
Mike Herbert
In 2008 our projected capital is $23 million. In that is $9.2 million for the China plant.
Arny Ursaner – CJS Securities
And I guess my final question, I’ll give some others a chance Barc, obviously last year was the first year you had down earnings since you’ve been public. I know you don’t give formal guidance but what is your general view about 08 relative to positive or negative versus 07?
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