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Article: Quebecor Printing Reports Record First Quarter Results; Earnings Per Share Up 19 Percent.
- Article from:
- Business Wire
- Article date:
- April 27, 1999
CopyrightCOPYRIGHT 1999 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)--April 27, 1999--
Quebecor (ME:IQI.) (TSE:IQI.) (NYSE:PRW) Quebecor Printing Inc. announced today net income available for holders of equity shares of US$22 million for the quarter ended March 31, 1999, a 20 percent increase from US$18 million in 1998.
Earnings per share for the quarter increased 19 percent to US$0.19 from US$0.16 in 1998. Revenues increased to US$911 million compared to US$882 million in 1998.
These results were announced today by Mr. Charles G. Cavell, President and Chief Executive Officer, during the Company's Annual Shareholders' meeting. "Our performance this quarter once again shows the wisdom of ...