2006 SECOND QUARTER HIGHLIGHTS
- 75.5% sales growth to $2,415.5 million
- Net earnings increase of 27.5% to $57 million
- Net earnings increase of 31.3% before special costs to $58.7 million
8.7% increase in fully diluted net earnings per share before
special costs to $0.50 per share
(Montréal, April 11, 2006) – METRO INC. has realized net earnings
of $57 million in the second quarter of 2006 compared with $44.7
million for the corresponding quarter of the previous fiscal year,
a 27.5% increase, and fully diluted net earnings per share of $0.49
versus $0.46 last year, a 6.5% increase. Integration and
rationalization costs of $2.6 million were recorded in the second
quarter. Without these items, adjusted net earnings for the second
quarter of 2006 would have been $58.7 million, up 31.3% over the
corresponding quarter, and adjusted fully diluted net earnings per
share would have been $0.50 compared to $0.46 last year, up
8.7%.
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