Global rebounding for CanWest

WINNIPEG – Solid Q1 results were almost the last thing anyone wanted to talk to CanWest Global Communications CEO Leonard Asper, given the company's announcement Wednesday afternoon. However, the company reported consolidated net earnings of $66 million for the quarter ended November 30th 2006, compared to consolidated net earnings of $30 million for the same quarter last year. The company's consolidated revenues for the quarter increased by 1% to $860 million but consolidated EBITDA declined by 3% to $227 million for the quarter compared to $233 million for the first quarter of fiscal 2006. "We are satisfied with our first...