Same store sales increased 5.3 percent for the year.
The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three and twelve-month periods ended December 31, 2016.
According to the multiple collision repair shop operator, sales increased by 18.1 percent to CA$1.4 billion ($1.05 billion) from CA$1.2 billion ($897.1 million) in 2015, including same-store sales increases of 5.3 percent.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased 22.2 percent to CA$124.3 million ($92.9 million), compared with CA$101.7 million ($76 million) in 2015, representing a 0.3 percent or 30 basis point improvement in Adjusted EBITDA margin
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