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:CGI Group earns $315.15-million in 2009 2009-11-09 08:08 ET - News Release Mr. Michael Roach reports CGI REPORTS FISCAL 2009 REVENUE GROWTH OF 3.2% WHILE INCREASING EPS BY 13.3% - GENERATES $630.2 MILLION IN CASH FROM OPERATIONS
CGI Group Inc. generated revenue for fiscal 2009 of $3.83-billion, up 3.2 per cent compared with $3.71-billion in fiscal 2008.
Fiscal 2009 adjusted earnings before interest and taxes (EBIT) were $460.7-million, compared with $430.5-million in fiscal 2008, representing an increase of 7 per cent. This represents an adjusted EBIT margin of 12 per cent.
Earnings from continuing operations in fiscal 2009 were $315.2-million compared with $298.3-million in fiscal 2008, an increase of 5.7 per cent. The earnings margin from continuing operations was 8.2 per cent, compared with 8 per cent in fiscal 2008.
On a diluted basis, earnings per share were $1.02 in fiscal 2009 compared with 90 cents in fiscal 2008, representing an increase of 13.3 per cent.
In fiscal 2009, CGI generated $630.2-million in cash from operations, or 16.5 per cent of revenue. This is an increase of $274.6-million or 77.2 per cent compared with $355.7-million in 2008.
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