Clairvest Group Inc. -- Year End Financial Statements.TORONTO, Ontario--(BUSINESS WIRE)--June 28, 1995--CLAIRVEST GROUP (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CVG CVG Convergys Corp CVG Corporación Venezolana de Guayana CVG Clear Vertical Grain (woodworking) CVG Carrier Group CVG Corporacion Venezolana de Guyana CVG Comprehensive Video Group (South Hackensack, NJ, USA) ) Clairvest Group Inc. announced its results from operations for the year ended March 31, 1995. Net income was $12.5 million or $0.79 fully diluted earnings per share diluted earnings per share An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of on revenue of $68.3 million (1994 $59.6 million). The net income for the comparable period was $2.6 million or $0.22 per share fully diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. . The Company declared an annual dividend of $0.10 per common share to shareholders of record as of July 11, 1995. Payment date for such dividends will be July 18, 1995. Clairvest Group Inc. is a Toronto-based merchant bank that invests in and assists in the management of carefully selected, emerging companies. It contributes human as well as capital resources to stimulate the growth and development of its investment partners, and in order to build long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. value. The Group's Board of Directors includes well-known entrepreneurs who have founded successful businesses and committed their own capital to the Company. CONTACT: Clairvest Group Inc. James H. McKelvie, 416/925-9270 |
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