METRO Inc. (MRU.TO: Quote) posted first-quarter net earnings attributable to equity holders of the parent of C$121.4 million or C$1.23 per share, a spike from the year-ago quarter’s C$103.7 million or C$1.01 per share.
Quarterly sales advanced slightly year-over-year to C$2.70 billion from C$2.63 billion.
The company added that its Board has declared a quarterly dividend of C$0.25 per share payable on March 15, 2013. The dividend represents an increase of 16.3 percent over the dividend declared in the same year-ago quarter.
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by RTT Staff Writer
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