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Interim Report (Half Year) H2 2018: Morguard reports EPS of CAD16.72 ($US12.64) Corporate Wire Date: 22 September 2018 00:53 EDT

Sep 22, 2018 - News Bites Canadian Markets


Morguard (TSX:MRC) reported EPS for the half year-ended 30 June 2018 of CAD16.72 ($US12.64).

Major changes compared with previous corresponding period [Year-on-Year]:

Favourable Changes:

- Profit after tax to Sales was up from 33.1% to 36.5%

- Earnings per unit growth 19.1% from CAD14.04 ($US10.78) to CAD16.72 ($US12.64)

- Net profit was up 14.9% from CAD167.3m ($US128.5m) to CAD192.2m ($US145.3m)

Unfavourable Changes:

- Profit bef...