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Multiplus, Groupe Aeroplan shares finish weaker

Analysis

Multiplus shares eased 2.5% yesterday, as the company's shares continue to show weakness after it reported a 4Q2010 profit of USD26 million. The company's results beat estimates, with revenue up 8.4% year-on-year. Multiplus controls the frequent flyer programme for TAM.

Summary
  • Multiplus shares show weakness despite reporting a 4Q2010 profit of USD26 million.
  • Multiplus beats estimates with an 8.4% year-on-year increase in revenue.
  • Multiplus controls the frequent flyer programme for TAM.
  • Groupe Aeroplan, holding Air Canada's frequent flyer programme, sees a 1.2% decrease in shares.
  • Multiplus shares ease by 2.5%.
  • Daily share price movements for selected others on 18-Feb-2011.

Shares in Groupe Aeroplan, the company holding Air Canada's frequent flyer programme, were down 1.2%.

Selected Others daily share price movements (% change): 18-Feb-2011

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