Transat A.T. Inc. (T.TRZ.B) hit a new 52-week high of $19.37; Transat A.T. Inc., posted $719.7 million in revenues for the quarter ended October 31, 2009, compared with $790.4 million for the same period of 2008, a decline of $70.7 million, or 8.9%.
Before non-cash and non-operating items, Transat's adjusted after-tax income stood at $17.8 million in 2009 ($0.51 per share on a diluted basis), versus $10.1 million ($0.31 per share on a diluted basis) for the fourth quarter of 2008.
For the fiscal year ended October 31, 2009, Transat posted revenues of $3.545 billion, an increase of 1% over the $3.513 billion recorded in 2008. The Corporation's margin was $93.4 million, down 27% from the $127.8 million posted in 2008, and its net income was $61.8 million ($1.85 per share on a diluted basis), compared with a net loss of $49.4 million ($1.49 per share on a diluted basis) in 2008.
Before non-cash and non-operating items, Transat's adjusted after-tax income for fiscal 2009 was $33.7 million ($1.01 per share on a diluted basis), versus $55.4 million ($1.67 per share on a diluted basis) in 2008.
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