Gildan Activewear Announces Record Results for Fourth Quarter of Fiscal Year and Initiates Sales and Earnings
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During the fourth quarter of fiscal 2013, the company generated free cash flow of U.S. $111.5 million, after capital expenditures of U.S. $74.3 million, which was utilized to repay the remaining amount of the company's bank indebtedness and pay the quarterly dividend. The company ended the fourth quarter of the fiscal year with no outstanding indebtedness and U.S. $97.4 million of cash and cash equivalents.
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- Companies:
- Gila Products
- Sanis Enterprises
- Places:
- U.S.
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