Guest bianchiboy Posted May 5, 2003 Share Posted May 5, 2003 http://www.theglobeandmail.com/servlet/story/RTGAM.20030505.wtranmay5/BNStory/Business/ They messed up in the 6th paragraph though, talking about the financial results. Transat actually made $7 mil, not lost, and it was a $17 mil profit the previous year. Link to comment Share on other sites More sharing options...
Maverick Posted May 5, 2003 Share Posted May 5, 2003 I believe you are incorrect Transat A.T. Inc. - Results for First Quarter 2003 - 20% increase in revenues; reduction in seasonal loss - First quarter revenues increased by $86.9 million or approximately 20% to reach $529.1 million from $442.2 million recorded in the corresponding quarter of 2002. - Net loss of $7.0 million or $0.24 per share, a $10.0 million improvement over the $17.0 million net loss or $0.52 per share recorded in the corresponding quarter of 2002. - Solid financial position with $315.4 million in cash and cash equivalents as at January 31, 2003 (including $140.6 million held in trust or otherwise reserved). - Cash flows from operating activities amounted to $62.3 million. http://www.transat.com/communiques.asp?lang=1&mde=&sct=315 Link to comment Share on other sites More sharing options...
Guest bianchiboy Posted May 5, 2003 Share Posted May 5, 2003 My bad, I stand corrected. Link to comment Share on other sites More sharing options...
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