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Article: Quebecor Printing Inc. -- Exceptional Third-Quarter Results -- Revenues Up by 30.5 Percent Operating Income Up by 36.1 Percent.
- Article from:
- Business Wire
- Article date:
- October 26, 1995
CopyrightCOPYRIGHT 1995 Business Wire. 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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MONTREAL--(BUSINESS WIRE)--Oct. 26, 1995--QUEBECOR PRINTING INC.(TSE, ME: IQI) For the third quarter of 1995, Quebecor Printing Inc. reported consolidated revenues of US $757.0 million, up from US $580.2 million posted during the corresponding period in 1994.
Net income grew to US $28.2 million, as compared to US $22.4 million for the same period last year. Earnings per share reached US $0.29, up from US $0.22 in 1994, representing an increase of 31.8 percent.
Operating income for the third quarter of 1995 rose to US $66.3 million, an increase of 36.1 percent over the US $48.7 million recorded in the third quarter of 1994. Operating margins for the quarter ...