CE Franklin Ltd. announces 2011 Fourth Quarter Results

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[{"type":"text","content":"\n\n\n\n\n\nCALGARY, Feb. 2, 2012 /CNW/ - CE FRANKLIN LTD. (TSX.CFT, NASDAQ.CFK) reported net earnings of $4.5 million or $0.26 per share (basic) for the\n fourth quarter ended December 31, 2011, a significant increase from net\n earnings of $1.6 million or $0.09 per share (basic) generated in the\n fourth quarter ended December 31, 2010.  For 2011, net income was $14.3\n million or $0.82 per share (basic) an increase of 142% from the $5.9\n million or $0.34 per share (basic) earned in 2010.\n\n\nFinancial Highlights\n\n\n(millions of Cdn. $ except per share data)\n\n\n \n\n\n \n\n\n \n\n\nThree Months Ended\n\n\n \n\n\nTwelve Months Ended\n\n\n \n\n\n \n\n\n \n\n\n \n\n\nDecember 31\n\n\n \n\n\nDecember 31\n\n\n \n\n\n \n\n\n \n\n\n2011\n\n\n \n\n\n2010\n\n\n \n\n\n2011\n\n\n \n\n\n2010\n\n\n \n\n\n \n\n\n \n\n\n \n\n\nUnaudited\n\n\n \n\n\nUnaudited\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nRevenues\n\n\n \n\n\n154.3 \n\n\n \n\n\n \n\n\n135.6 \n\n\n \n\n\n546.4 \n\n\n \n\n\n489.6 \n\n\n \n\n\nGross Profit\n\n\n \n\n\n25.3 \n\n\n \n\n\n \n\n\n20.5 \n\n\n \n\n\n90.7 \n\n\n \n\n\n75.0 \n\n\n \n\n\nGross Profit - % of sales\n\n\n \n\n\n16.4 \n\n\n%\n\n\n \n\n\n15.1 \n\n\n%\n\n\n16.6 \n\n\n%\n\n\n15.3 \n\n\n%\n\n\nEBITDA (1)\n\n \n\n\n6.6 \n\n\n \n\n\n \n\n\n3.8 \n\n\n \n\n\n22.6 \n\n\n \n\n\n12.5 \n\n\n \n\n\nEBITDA (1) - % of sales\n\n\n \n\n\n4.3 \n\n\n%\n\n\n \n\n\n2.8 \n\n\n%\n\n\n4.1 \n\n\n%\n\n\n2.5 \n\n\n%\n\n\nNet earnings\n\n\n \n\n\n4.5 \n\n\n \n\n\n \n\n\n1.6 \n\n\n \n\n\n14.3 \n\n\n \n\n\n5.9 \n\n\n \n\n\nPer share\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\nBasic\n\n\n \n\n\n0.26 \n\n\n \n\n\n \n\n\n0.09 \n\n\n \n\n\n0.82 \n\n\n \n\n\n0.34 \n\n\n \n\n\n \n\n\nDiluted \n\n \n\n\n0.25 \n\n\...

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