INDIGO RESULTS
July 1st, 2004
BY MONICA DOBIECANADIAN bookseller, Indigo Books & Music Inc. has announced that it has more than tripled its annual profit due to a significant increase in online sales. Indigo earned CDN$4.3 million or 18 cents per share for the financial year ended March 31. That compares to earnings of CDN$1.4 million, or six cents per share, in the previous year. Total sales were up 3.4 per cent to CDN$805.7 million from CDN$779.2 million, whilst online sales surged by more than 33 per cent.According to Indigo, superstores saw a 2.7 per cent increase while smaller mall ...
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