AJAX, ONTARIO--(Marketwired - May 9, 2013) - Automodular Corporation ("Automodular") (TSX:AM) reports net earnings of $3.6 million or $0.18 per share for the quarter ended March 31, 2013. Net earnings for the same period in 2012 were also $3.6 million or $0.18 per share.
The results for the first quarter are summarized below (all figures in '000s except per share amounts):
| Three months ended March 31 |
||
| 2013 $ |
2012 $ |
|
| Sales | 21,807 | 23,818 |
| Net earnings | 3,636 | 3,631 |
| Per share (basic and diluted) | 0.18 | 0.18 |
The Board of Directors has declared a regular quarterly dividend of $0.06 per share payable June 6, 2013 to shareholders of record May 23, 2013.
Automodular Corporation is a supplier of sub-assembly, sequencing and transportation services to the automotive industry - Ford Motor Company's Oakville Assembly Plant. The Company has two operating facilities and employs approximately 525 people.
Contact Information:
Christopher S. Nutt
President and CEO
(905) 619-4202
invest@automodular.com