Edition:
India

Northland Power reports Q3 sales C$295.2 mln


Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Northland Power Inc :Q3 sales C$295.2 million .Northland Power reports 23% higher third quarter gross profit and 13% higher adjusted EBITDA.Q3 revenue view C$291.7 million -- Thomson Reuters I/B/E/S.‍Continues to expect adjusted EBITDA in 2017 to be in range of $710 million to $750 million.‍Continues to expect free cash flow per share to be in range of $1.18 to $1.30 per share in 2017​.‍Board plans to increase co's dividend for first dividend payable in January 2018 by 11% to $0.10 per share monthly​.