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Article: Lafarge North America Reports Fourth-Quarter and Year-End Earnings.
- Article from:
- PR Newswire
- Article date:
- January 31, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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-- Fourth-quarter sales up 14%; operating income up 27% -- Full-year sales up 15%; operating income up 18% -- Board declares quarterly cash dividend
HERNDON, Va., Jan. 31 /PRNewswire-FirstCall/ -- Lafarge North America Toronto, the leading supplier of construction materials in the U.S. and Canada, today reported net income in the fourth quarter of $144.6 million, or $1.84 per share diluted. These results include a tax credit of $32 million, or $0.41 cents per share diluted, associated with the repatriation of cash from Canada to the U.S. Excluding this credit, fourth- quarter 2005 earnings were $1.43 per share diluted, up 20 percent compared with $1.19 per ...