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Astral Media Inc.

03:47 PM EST - Astral Media Inc. : reported solid financial results for the year ended August 31, 2012. In Fiscal 2012, consolidated net earnings grew 9% over last year to $204.4 million from $188.0 million, while diluted earnings per share grew 10% to $3.64 from $3.30 last year. EBITDA rose 4% to $331.2 million from $318.4 million for the same period last year. Consolidated revenues for Fiscal 2012 totaled $1,021.9 million, a 1% increase over the $1,015.4 million recorded last year for the same period. Cash flow from operations rose a healthy 5% to $259.0 million for the year compared to $246.5 million for the corresponding period last year. Astral Media Inc.
shares T.ACM.A are trading down $0.61 at $41.23.