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You are here: Home / News / Boyd Group Reports Same Store Sales Up 7.4% in First Quarter

Boyd Group Reports Same Store Sales Up 7.4% in First Quarter

May 13, 2016 By CollisionWeek Editor

Overall sales increased by 24.3 percent. Softening demand in second quarter could result in lower growth. Added 20 collision repair centers since start of year.

The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three-month period ended March 31, 2016. Sales increased by 24.3 percent to CA$350.4 million ($270.6 million) from CA$281.8 million ($271.6 million) in 2015, including same-store sales increases of 7.4 percent

Boyd GroupAdjusted Earnings before interest, taxes, depreciation and amortization (EBITDA) increased 39.2 percent to CA$29.5 million ($22.8 million), compared with CA$21.2 million ($16.4 million) in 2015. Adjusted net earnings increased to CA$12.8 million

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Filed Under: News Tagged With: Boyd Group, Earnings

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