Business
Clarke Inc. Reports 2013 Second Quarter Results and a 25% Increase in Quarterly Dividend, Representing its Second Consecutive Dividend Increase
HALIFAX , Aug. 12, 2013 /CNW/ - Clarke Inc. ("Clarke" or the "Company") (TSX: CKI CKI.DB.A...
About this update from Clarke Inc.
[{"type":"text","content":"\n\n\nHALIFAX, Aug. 12, 2013 /CNW/ - Clarke Inc. (\"Clarke\" or the \"Company\")\n (TSX: CKI CKI.DB.A) today announced its results for the three and six\n months ended June 30, 2013.\n\n\nRESULTS OF OPERATIONS\n\n\nHighlights of the interim condensed consolidated financial statements\n for the three and six months ended June 30, 2013 compared to the three\n and six months ended June 30, 2012 are as follows:\n\n\n\n \n \n \n \n \n \n \n \n\n\n\n \n\n\nThree months\nended\nJune 30, 2013\n$\n\n \n\nThree months\nended\nJune 30, 2012\n$\n\n \n\nSix months\nended\nJune 30, 2013\n$\n\n \n\nSix months\nended\nJune 30, 2012\n$\n\n\n\n\nRevenue and other income\n\n\n63.2\n\n \n\n46.9\n\n \n\n121.2\n\n \n\n108.0\n\n\n\n\nIncome (loss) from continuing operations and net income (loss)\n attributable to equity holders of the Company\n\n\n7.2\n\n \n\n(11.7)\n\n \n\n10.3\n\n \n\n(8.0)\n\n\n\n\nComprehensive income (loss) attributable to equity holders of the\n Company\n\n\n7.1\n\n \n\n(10.7)\n\n \n\n12.6\n\n \n\n(6.1)\n\n\n\n\nBasic earnings per share (\"EPS\") (in dollars)\n\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\n\n\n \n\nIncome (loss) from continuing operations and net income (loss)\n\n\n0.43\n\n \n\n(0.69)\n\n \n\n0.62\n\n \n\n(0.47)\n\n\n\n\nTotal assets\n\n\n239.4\n\n \n\n219.4\n\n \n\n239.4\n\n \n\n219.4\n\n\n\n\nCash dividends declared per share (in dollars)\n\n\n0.08\n\n \n\n―\n\n \n\n0.14\n\n \n\n―\n\n\n\n\nBook value per share (in dollars)\n\n\n5.77\n\n \n\n4.75\n\n \n\n5.77\n\n \n\n4.75\n\n\n\n\n\n\n\n\nDuring the three and six months ended June 30, 2013, the Investment\n segment had realized gains on its publicly-traded securities of nil and\n $3.0 million, respectively, compared to realized losses of nil and $2.0\n million for the same periods in 2012. The Company had unrealized gains\n on its publicly-traded securities of $4.0 million and $4.6 million for\n the three and six months ended June 30, 2013, compared to unrealized\n losses of $12.9 million and $5.9 million for the same periods in 2012.\n\n\nThe Freight Transportation segment generated EBITDA for the three and\n six months ended June 30, 2013 of $4.1 milli...