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407 International breaks $100-million mark for Q1

TORONTO, Ont. -- 407 International amassed revenues of $107.1 million for the first quarter ended Mar. 31, compared...


TORONTO, Ont. — 407 International amassed revenues of $107.1 million for the first quarter ended Mar. 31, compared to $98.8 million for the same period of 2006. Earnings before interest, taxes, depreciation and amortization totalled $80.6 million for the first quarter of 2007 compared with $73.3 million for the same period of 2006.

The company reported a net loss of $8.8 million for the first quarter of 2007; $2.2 million lower than the net loss of $11.0 million for the same period of 2006.

The board of directors declared an eligible dividend of $0.037 per common share payable on or about Apr. 19, to shareholders of record today.


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