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Uni-Select reports lower fourth-quarter profit

Thu Mar 13, 2008 10:20pm IST
 
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TORONTO, March 13 (Reuters) - Uni-Select Inc (UNS.TO: Quote, Profile, Research) reported a drop in fourth-quarter profit on Thursday, due in part to the strong Canadian dollar and the U.S. economic slowdown.

Uni-Select, which distributes replacement auto parts, equipment and tools, said net earnings were C$13.1 million ($13.3 million), or 66 Canadian cents a share, compared with C$16.7 million, or 84 Canadian cents a share, in the same quarter a year ago. ($1=$0.98 Canadian) (Reporting by John McCrank; editing by Renato Andrade)

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