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BDI - Black Diamond News Story

C$4.01 -0.0  -1.0%

Last Trade - 11/05/21

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £139.2m
Enterprise Value £262.1m
Revenue £117.4m
Position in Universe 612th / 2702

BRIEF-Black Diamond says cuts 2016 capital plan by 60 pct to $10 mln

Thu 3rd March, 2016 11:00am
March 3 (Reuters) - Black Diamond Group Ltd  BDI.TO : 
 * Reduces long-term debt, capital spending and administrative expenses to exit 
   2015 with a strong balance sheet -- 2016 capital plan reduced by 60% to $10 
   million 
 * Executive vice president and chief financial officer, Mike Lambert, will be 
   retiring for health reasons as of April 30, 2016 
 * Toby labrie will be appointed to role of executive vice president and chief 
   financial officer effective immediately 
 * Qtrly total revenue $52 million versus $88.8 million 
 * Qtrly loss per share $0.19 
 * Q4 earnings per share view C$0.00, revenue view C$58.8 million -- Thomson 
   Reuters I/B/E/S 
 
 * Source text for Eikon  urn:newsml:reuters.com:*:nMKWyd1K2a 
 * Further company coverage  BDI.TO  ((Bengaluru Newsroom; +1 646 223 8780))
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