Cara Operations Limited - 3rd Quarter results continues to grow significantly in airline catering and airport restaurant concessions.TORONTO, Ontario--(BUSINESS WIRE)--Jan. 12, 1996--Cara Operations Ltd.'s (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , ME: CAO.A CAO ) Chairman & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , M. Bernard Ber·nard , Claude 1813-1878. French physiologist noted for his study of the digestive and nervous systems. Syron, and President & COO (Cell Of Origin) See mobile positioning. , Gabe Tsampalieros, today announced the sales and operating results for the third fiscal quarter as follows: -0-
3rd Quarter 3rd Quarter
ended ended
Dec. 10, 1995 Dec. 11, 1994 Change
System Sales (Incl. Franchisees) $336,800,000 $329,033,000 + 2.4 percent Gross Revenue (Excl. Franchisees) $242,830,000 $227,445,000 + 6.8 percent Net Profit $10,178,000 $9,491,000 + 7.2 percent Earnings Per Share 8.7 cent 8.1 cent + 0.6 cent Growth in the Food Service & Hospitality sector of the Corporation's business continues to be led by its Airport Services Division (Airline Catering & Air Terminal Restaurants). The growth is attributable to the buoyancy buoyancy (boi`ənsē, b  `yən–), upward force exerted by a fluid on any body immersed in it. Buoyant force can be explained in terms of Archimedes' principle. in air travel as well as
improvement in its Air Terminal Restaurants. Cara is the largest
Airline Caterer in Canada serving more than 20 million meals a year.For the 9 months, Cara's results are:
36 Weeks 36 Weeks
Dec. 10, 1995 Dec. 11, 1994 Change
System Sales (Incl. Franchisees) $953,688,000 $924,809,000 + 3.1 percent Gross Revenues (Excl. Franchisees) $667,511,000 $623,429,000 + 7.1 percent Net Profit $24,622,000 $21,746,000 + 13.2 percent Earnings Per Share 21.0 cent 18.5 cent + 2.5 cent Share Price (Symbol- CAO/CAO.A $3.95/$3.95 $3.20/$3.25 --- Company Profile Swiss Chalet
Swiss Chalet is a chain of Canadian family restaurants originally founded in 1954 in Toronto, Ontario. - Family style restaurants featuring barbeque rotisserie chicken and ribs. Harvey's - Quick service charbroiled hamburger restaurants. Airport Services - Caterer to major Canadian and international airlines. Concessionaire of airport restaurants, bars, gift stores and newsstands. Beaver beaver, either of two large aquatic rodents, Castor fiber and Castor canadensis, known for their engineering feats. They were once widespread in N and central Eurasia except E Siberia, and in North America from the arctic tree line to the S United Foods Limited - Business and institutional contract caterer. Summit Food Services food services Hospital services A 24/7 department in a hospital that provides for the nutritional needs of inpatients–eg, those needing special diets, preparing meals and transporting them to the floor and, through the cafeteria, the hospital staff and Distributors Inc. - Wholesale food distributor. Grand & Toy - Retailer and commercial contract distributor of office products. Pride in Quality - Pride in Service CONTACT: Mr. Gabe Tsampalieros, (416) 969-2534 Michael Nahirny, (416) 969-2500 (416) 969-2547 (Fax) Internet EMail - finance@cara.com |
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