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Canadian Helicopters reports solid third quarter results

  //business-finance.news-articles.net/content/200 .. copters-reports-solid-third-quarter-results.html
  Published in Business and Finance on Thursday, November 12th 2009 at 14:32 GMT by Market Wire
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 ------------------------------------------------------------------------- Financial Highlights Quarters ended Nine months (in thousands of dollars, Sept. 30, ended Sept. 30, except per unit data) 2009 2008 2009 2008 ------------------------------------------------------------------------- Revenue 54,917 57,291 122,785 123,872 EBITDA (1) 23,141 20,722 30,943 27,505 Net earnings before non-controlling interest 16,516 14,502 24,153 19,748 Per unit - basic and diluted ($) 1.26 1.09 1.84 1.49 Distributable cash 17,303 14,574 26,066 22,517 Per unit - basic and diluted ($) 1.32 1.10 1.99 1.70 Weighted-average units outstanding (including Class B) 13,098,374 13,280,000 13,098,590 13,280,000 ------------------------------------------------------------------------- (1) Earnings before interest, income taxes, depreciation and amortization, gain or loss on disposal of property, plant and equipment and non-controlling interest 

 DEFINITION OF NON-GAAP MEASURES: EBITDA, STANDARDIZED DISTRIBUTABLE CASH AND DISTRIBUTABLE CASH 

 Note to readers: Complete consolidated unaudited interim financial statements and Management's Discussion & Analysis of Operating Results and Financial Position are available on Canadian Helicopters' website at [ www.canadianhelicopters.com ] and on SEDAR at [ www.sedar.com ].