Canadian producer sees fundamentals of company's business 'strong and getting stronger'

摘要

Canada's Western Coal offered up a dose of bullishness along with its earnings report for January-March and for the full fiscal year ended March 31. "The fundamentals of our business are strong and getting stronger," Keith Calder, president and CEO, said. Western made 4 cents/share during the fourth fiscal quarter and 17 cents/share for the fiscal year. Consolidated revenues of 438.6 million dollars were 25 percent lower than fiscal 2009, mainly as a result of lower sale prices driven by the global economic recession.