Continued growth in Couche-Tard revenues

12.03.08 - 18:01 ... source : Couche-Tard

... TT7+0T42UV 1 CONTINUED GROWTH IN COUCHE-TARD REVENUES Revenues from the third quarter rose 31.2% to $4.6 billion Net earnings of $50.5 million compared with $43.7 million last year A major sale and leaseback transaction for a value of $131.4 million Continuation of the share repurchase program, thus far totalling $48.3 million TSX: ATD.A, ATD.B Laval (Quebec ), March 12, 2008 – With the acquisitions carried out in the past 12 months and the sharp increase in the retail price at the pump, Alimentation Couche-Tard Inc. posted solid growth in revenues for the third quarter of fiscal 2008. Revenues for the 16-week period ended February 3, 2008, rose 31.2%, reaching $4.6 billion, i.e. an increase of $1.1 billion. An amount of $613.5 million stems from the sharp rise in the price of gasoline and $314.2 million results from the acquisitions carried out over the past 12 months. Net earnings were $50.5 million ($0.24 per share on a diluted basis ) compared with $43.7 million ($0.21 per share on ...» Next (PDF)