Symbol			BIN

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

IESI-BFC Ltd. Announces Strong Results for the Three and Nine Months Ended September 30, 2009

2009-10-29 16:10 ET - News Release

TORONTO, ONTARIO -- (MARKET WIRE) -- 10/29/09

IESI-BFC Ltd. (the "Company") (TSX: BIN)(NYSE: BIN) reported financial results for the three and nine months ended September 30, 2009.

(All amounts are in United States ("U.S.") dollars, unless otherwise stated)

Management Commentary

Revenue totalled $268.4 million in the quarter compared with $282.2 million in the year ago period. Holding foreign currency exchange ("FX") constant, revenue in the third quarter would have totalled $274.7 million. Operating income was $37.0 million compared with $33.8 million in the third quarter of 2008. Excluding the impact of FX, operating income would have been $38.6 million, an increase of 14.3% over the year ago period. Operating income before amortization, or EBITDA(A), for the quarter was $78.9 million, or 29.4% of revenue, compared to $80.7 million, or 28.6% of revenue, in the third quarter of 2008. Holding FX constant, EBITDA(A) for the third quarter of 2009 would have been $81.4 million.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.