Anthony Clark - Financial Results Highlights for Year Ended March 31, 2009
* Reuters is not responsible for the content in this press release.
CALGARY, Alberta--(Business Wire)--
ANTHONY CLARK INTERNATIONAL INSURANCE BROKERS LTD.(TSX Venture Exchange:ACL)
("Anthony Clark") today reported financial results for the year end March 31,
2009 as follows:
* Revenue increased from $15.3 million to $16.9 million (an increase of 10%).
* EBITDA increased from $1.6 million to $3.2 million (an increase of 98%)
* Net earnings of $0.8 million, compared to a net loss of $3.5 million
* EPS of $0.09 per share, compared to a loss of $(0.41) per share
"We remain focused on the bottom line objective of strengthening our financial
position and shareholder value" reports Tony Consalvo, President and C.E.O.
The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.
Except for the historical information contained herein, this press release
contains statements that constitute forward-looking statements, as defined in
the Private Securities Litigation Reform Act of 1995. Forward-looking statements
inherently involve risks and uncertainties that could cause actual results to
differ materially from the forward-looking statements. Factors that may cause or
contribute to such differences include, among other things, the Company`s
ability to close the proposed transaction. Other risks and uncertainties include
changes in business conditions and the economy in general, changes in
governmental regulations, unforeseen litigation and other risk factors
identified in the Company`s public filings under "Risk Factors." The Company
undertakes no obligation to update these forward-looking statements for
revisions or changes after the date of this press release.
On behalf of
ANTHONY CLARK INTERNATIONALINSURANCE BROKERS LTD.
"Tony Consalvo"
Tony Consalvo, President and C.E.O.
Anthony Clark International Insurance Brokers Ltd.
Mr. Tony Consalvo, C.E.O., (403) 225-5100
tony.consalvo@aclarkinsurance.com
Copyright Business Wire 2009
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters