Automodular Corporation: Third Quarter 2012 Results

(firmenpresse) - AJAX, ONTARIO -- (Marketwire) -- 11/06/12 -- Automodular Corporation (TSX: AM) ("Automodular") reports net earnings of $4.2 million or $0.21 per share for the three months ended September 30, 2012 compared to $2.3 million or $0.12 per share for the same three-month period ended September 30, 2011. For the nine months ended September 30, 2012 and 2011 Automodular reports net earnings of $12.3 million and $8.4 million or $0.61 and $0.42 per share, respectively.

The results for the first three quarters of the year are summarized below (all figures in '000s except per share amounts):

The Board of Directors has declared a total dividend of $0.26 composed of a regular quarterly dividend of $0.06 and a special dividend of $0.20 payable December 4, 2012 to shareholders of record November 20, 2012.

Automodular Corporation is a supplier of sub-assembly, sequencing and transportation services to the automotive industry - Ford Motor Company's Oakville Assembly Plant - and the renewable energy industry - Vestas Nacelles A/S. The Company has three operating facilities and employs approximately 560 people.



Contacts:
Automodular Corporation
Christopher S. Nutt
President and CEO
(905) 619-4202

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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 06.11.2012 - 19:21 Uhr
Sprache: Deutsch
News-ID 200192
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AJAX, ONTARIO

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Parts and Accessories

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