INCO Reports Record Earnings for Second Quarter 2006
TORONTO, July 19, 2006 – Inco Limited today reported adjusted net earnings of $400 million or $2.04 per share ($1.79 per share on a diluted basis) for the second quarter of 2006, compared with adjusted net earnings of $241 million or $1.27 per share ($1.08 per share on a diluted basis) for the second quarter of 2005. Net earnings for the second quarter of 2006 in accordance with Canadian generally accepted accounting principles (“Canadian GAAP”) were $472 million or $2.40 per share ($2.11 per share on a diluted basis), compared with net earnings of $220 million or $1.16 per share (99 cents per share on a diluted basis) for the second quarter of 2005. These results represent the highest quarterly net earnings in the company’s 104-year history.
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* View the full release (PDF): www.inco.com/newscentre/pdf/Press_release_July_18_2006_Final.pdf
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