Brief: Uni-Select Inc reports third quarter results

Uni-Select

14/11/2018 11:37

Nov 14 (Reuters) - Uni-Select Inc  UNS.TO :
    * UNI-SELECT INC. REPORTS THIRD QUARTER 2018 FINANCIAL
RESULTS
    * UNI-SELECT INC - 2018 GUIDANCE REITERATED
    * UNI-SELECT INC - EXPANDED 20/20 INITIATIVE TO AT LEAST
$25.0
MILLION OF RECURRING COST SAVINGS BY 2020.
    * UNI-SELECT INC - QTRLY EPS OF $0.25, ADJUSTED EPS OF $0.37
    * UNI-SELECT INC - QTRLY SALES UP 13.4% TO $448.8 MILLION,
DRIVEN
BY CONTRIBUTION OF TPA AND ORGANIC GROWTH
    * UNI-SELECT INC - QTRLY CONSOLIDATED ORGANIC GROWTH OF 3.4%
    * UNI-SELECT - TO ACHIEVE REMAINING $13.0 MILLION COST
SAVINGS,
WILL NEED TO INCUR RESTRUCTURING, OTHER CHARGES ESTIMATED AT
BETWEEN $9.0 AND $11.0 MILLION

Source text for Eikon:  ID:nCNW8m9zQa 
Further company coverage:  UNS.TO 

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