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You are here: Home / News / Boyd Group Reports Second Quarter Sales Up 18.9% from 2017

Boyd Group Reports Second Quarter Sales Up 18.9% from 2017

August 13, 2018 By CollisionWeek Editor

Same store sales up 3.2 percent.

The Boyd Group Income Fund (TSE:BYD.UN) on Friday reported its financial results for the three and six-month periods ended June 30.

Boyd GroupSales increased by 18.9 percent to CA$456.6 million ($348.11 million) from CA$384.0 million  ($292.76 million) in 2017, including same-store sales increases of 3.2 percent.

Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased 19.8 percent to CA$42.5 million ($32.4 million), compared with CA$35.5 million ($27.07 million) in 2017, representing approximately a 0.1 percent or 10 basis point improvement in Adjusted EBITDA margin.

Currency negatively impacted same-store sales by CA$14.7 million ($11.21 million),

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Filed Under: News Tagged With: Boyd Group, Earnings

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