A month of Standard helps Astral but there's still "room for growth"

MONTREAL - Consolidated net earnings for the first three months of Fiscal 2008 at Astral Media increased by 15% over last year, rising to $37.5 million and consolidated revenues totaled $198.7 million for the first quarter, an increase of 20% over the same period of fiscal 2007. EBITDA for the first three months increased 24% to $65.6 million and cash flow from operations rose 31% totaling $46.3 million for the first quarter compared to Q1 ’07. Astral Media owns and operates such media assets as The Movie Network, Family Channel, Super Ecran and other pay television services, a large outdoor...