Franco-Nevada (FNV) Misses Q3 EPS by 4c
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Franco-Nevada Reports Strong Year-End 2014 Results, Increases Dividend and Provides Outlook
March 25, 2015 5:00 PM EDTTORONTO, March 25, 2015 /PRNewswire/ - Franco-Nevada Corporation (TSX: FNV; NYSE: FNV) is pleased to report its results for the fourth quarter and year ended December 31, 2014.Â
FOURTH QUARTER HIGHLIGHTS
92,774 Gold Equivalent Ounces1 a new record and 33% higher than Q4 2013; $123.0 million of Revenue a new record and 23% higher than Q4 2013; $96.2 million of Adjusted EBITDA2 or $0.62 per share, 25% higher than Q4 2013; $31.6 million of Adjusted Net Income3 or $0.20 per share vs $0.21 per share in Q4 2013; $31.3 million of non-cash impairment charges, predominantly related to Mine Waste Solutions ("MWS");... More