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A&P Canada Acquisition Paves Way for Metro's Record Annual Earnings
MONTREAL -- Thanks to its acquisition of A&P Canada last year, Metro, Inc. here amassed net earnings of $78.9 million (US $69.3 million) in the fourth quarter of 2006 vs. $50.2 million in the year-ago period -- a 57.2 percent leap. Fully diluted net earnings per share were 68 cents, compared with 48 cents last year, a 41.7 percent increase.