Attention Business/Financial Editors TSX: LH EDMONTON, Oct. 9 /CNW/ - Lockerbie & Hole Inc. (the "Company" or "Lockerbie") releases results for the three and six months ended August 31, 2008. Three months ended Six months ended August 31, August 31, (unaudited, in thousands, except per (1) For a definition of Adjusted EBITDA and Backlog as used in this press release, see "Advisories - Non - GAAP Measures" at the end of this press release. Highlights - Revenue increased $41.0 million from the first quarter due to increased activity on oil sands projects. - Excluding $2.5 million in additional profit from unspent cost contingencies earned on projects in the second quarter of the previous year, Adjusted EBITDA increased $0.8 million in the second quarter over the same period in fiscal 2008. - The Company secured $208.0 million...
[read full story]
Your Web Site
