"Record consolidated sales and strong margins were key operational drivers to our Q2 results," stated Alice Murphy, Chief Financial Officer of Aber Diamond Corporation. "Our consolidated gross margin of 52.8% for the quarter reflects continuing significant contributions from both our operating segments. Net earnings of $20.1 million for the quarter were negatively impacted by a $9.6 million non-cash foreign exchange charge while the comparable quarter last year included a $6.6 million tax recovery."
Returning Value to Shareholders:
Aber is pleased to declare a quarterly dividend payment of US$0.25 per share. Shareholders of record at the close of business on September 28, 2007, will be entitled to receive payment of this dividend on October 15, 2007.
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