Overall sales increased by 25.4 percent in the quarter compared to 2018. Announces CEO succession plan.
The Boyd Group Income Fund (TSE:BYD.UN) announced sales increased by 25.4% during the second quarter ended June 30 to CA$572.5 million ($430.22 million) from CA$456.6 million ($343.12 million) in 2018, including same-store sales increases of 5.2%. The result is 5.4% on a days adjusted basis, recognizing one less selling and production day in Canada in the second quarter.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) increased 27.9% to CA$54.3 million ($40.81 million), compared with CA$42.5 million ($31.94 million) in 2018, representing approximately