Business

Accord Announces Record Funds Employed, Revenue and Book Value per Share

Accord Announces Record Funds Employed, Revenue and Book Value per Share Canada Ne...

articleAccord Financial Corp.October 29, 20185/company/accord-financial-corp/news/accord-announces-record-funds-employed-revenue-and-book-value-per-share
Accord Announces Record Funds Employed, Revenue and Book Value per Share

About this update from Accord Financial Corp.

[{"type":"text","content":"\n\n\n\nAccord Announces Record Funds Employed, Revenue and Book Value per Share\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen5{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen7{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:black 1pt solid; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prngen6{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Oct. 29, 2018\n\n\n\nThird Quarter and First Nine Months Earnings up 32% and 73%, respectively. Regular Quarterly Dividend Announced.\n TORONTO, Oct. 29, 2018 /CNW/ - Accord Financial Corp. (TSX – ACD) today released its financial results for the three and nine months ended September 30, 2018. The financial figures presented in this release are reported in Canadian dollars and have been prepared in accordance with International Financial Reporting Standards.\nSUMMARY OF FINANCIAL RESULTS\nThree Months Ended Sept. 30\n  Nine Months Ended Sept. 30\n2018\n2017\n2018\n2017\n$\n$\n$\n$\nAverage funds employed (millions)\n283\n189\n256\n166\nRevenue (000's)\n13,120\n8,370\n33,976\n21,474\nNet earnings attributable to shareholders (000's)\n2,616\n1,983\n6,195\n3,577\nAdjusted net earni...

More updates from Accord Financial Corp.