Divestco Reports Q1 2013 Results
CALGARY, ALBERTA — (Marketwired) — 05/27/13 — Divestco Inc. (TSX VENTURE: DVT) ("Divestco" or the "Company") is pleased to announce its operating results for the three months ended March 31, 2013. Divestco generated net income for the first quarter of 2013 of $2.1 million ($0.03 per share – basic and diluted) compared to $2.6 million ($0.04 per share – basic and diluted) for the same period in 2012. EBITDA was $5 million in Q1 2013, a $2.5 million (33%) decrease from $7.