News Releases
407 International Reports First Quarter Results
TORONTO, April 15, 2010
407 International Inc. announced today revenues of $131.2 million for the first quarter of 2010, compared to $119.7 million for the same period of 2009. Earnings before interest, taxes, depreciation and amortization (“EBITDA” ) totalled $103.1 million for the first quarter of 2010, compared with $93.3 million for the same period of 2009. The Company reported net income of $12.6 million for the first quarter of 2010, compared with net income of $8.0 million for the same period of 2009.
The Board of Directors declared an eligible dividend of $0.071 per common share payable on or about April 15, 2010, to shareholders of record on April 15, 2010.
407 International Inc. is owned by a consortium comprised of Cintra Infraestructuras, Intoll and SNC-Lavalin Inc.
- 30 -
For more information, contact:
Investors:
Kenneth A. Walker
Chief Financial Officer
Tel: 905-265-4070
Media:
Steve Spencer
Director, Communications
Tel: 905-264-5232
