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GENIVAR Income Fund Announces Growth in Revenues and Net Earnings for the First Quarter of 2010
GENIVAR Income Fund Announces Growth in Revenues and Net Earnings for the First Quarter of 2010
About this update from Wsp Global Inc
[{"type":"text","content":"\n\n\n\n May 7, 2010 (Canada NewsWire Group) -- MONTREAL, May 7 /CNW Telbec/ - The GENIVAR Income Fund (the "Fund") announced today its financial and operating results (unaudited) for the first quarter of 2010. These results cover the period from January 1, 2010, to April 3, 2010.\n\n\n >\n\n\n"We are pleased with these first quarter results that bode well for the rest of 2010," said Pierre Shoiry, President and CEO of the GENIVAR Income Fund. "This was an active quarter for the Fund as we completed the agreements for the conversion of the Fund into a corporate structure for 2011 and maintained our growth objectives by adding approximately 300 people to our team," he added.\n\n\n >\n\n\nThe Fund will hold its annual and special meeting of unitholders on May 27, 2010, at 10:00 a.m. (Eastern time) at the McCord Museum (J. Armand Bombardier Hall), at 690 Sherbrooke Street West, Montreal, Quebec.\n\n\n >\n\n\nThe Fund will hold a conference call at 11:00 a.m. (Eastern time) on May 7, 2010, to discuss these results.\n\n\n >\n\n\nA presentation of the 2010 first quarter highlights and results will be available early in the morning the same day at: www.genivar.com in the Investor Relations section, under Presentations and events.\nThe replay of the conference call will also be available in the Investor Relations section of the Company's web site in the days following the event.\n\n\n >\n\n\nGENIVAR is a leading Canadian consulting engineering firm providing private and public-sector clients with a comprehensive range of professional services covering all project phases, including planning, design, construction and maintenance. GENIVAR's clients range in size and scope and primarily operate in the building, industrial, power, municipal infrastructure, transportation and environmental sectors. GENIVAR is one of Canada's largest consulting engineering firms in terms of number of employees, with over 4,200 managers, professionals, technicians, technologists and support staff in more than 80 locations in Canada and abroad. www.genivar.com\n\n\n\n >\n\n\n\nNON-GAAP MEASURES\n\nThe Fund uses Non-GAAP measures that are used by Canadian open-ended income funds as indicators of financial performance measures which are not recognized under GAAP and may differ from similar computations as reported by other similar ent...