Uni-Select Inc. (TSE:UNS) reported its financial results for the fourth quarter and the year ended December 31, 2019 as well as providing updates on its Performance Improvement Plan (PIP).
Sales were down 1.5% in constant currency to $412.6 million in the fourth quarter and up 1.1% in constant currency to $1,739.6 million for 2019, driven by the organic growth from the Canadian Automotive Group of 2.4%.
“2019 was a transformational year and we are on the right track. We are pleased with the outcome of the PIP realizing $31.9 million in annualized savings in 2019 and reaching a total of
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