Same stores sales up 4 percent
The Boyd Group Income Fund (TSE:BYD.UN) today reported its financial results for the three-month period ended March 31, 2018. Sales increased by 19.6 percent to CA$453.3 million ($351.6 million) from CA$378.9 million ($293.9 million) in 2017, including same-store sales increases of 4.0 percent
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased 28.5 percent to CA$42.1 million ($32.7 million), compared with CA$32.8 million ($25.4 million) in 2017, representing approximately a 0.60 percent or 60 basis point improvement in Adjusted EBITDA margin
Adjusted net earnings increased 50.0 percent to CA$20.9 million ($16.2 million) compared
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