11:47 AM EST - GLENTEL Inc : reported its results for the year ended December 31, 2011. Consolidated sales increased 42%, to $583.7 million compared to $412.3 million. Operating income before change in fair value of redeemable financial instruments, interest and taxes increased to $43.3 million, compared to $35.4 million. Net income and basic earnings per common share were $28.7 million and $1.29 per share respectively, compared to $23.4 million and $1.06 per share. GLENTEL Inc
shares T.GLN are trading down $2.85 at $19.67.
