Exco Technologies Limited announced consolidated earnings results for the first quarter ended December 31, 2014. For the quarter, the company reported sales of CAD 119.9 million against CAD 63.9 million a year ago. Net income was CAD 9.6 million or CAD 0.23 basic and dilute per share against CAD 6.7 million or CAD 0.16 diluted per share a year ago. EBITDA was CAD 16.9 million compared to CAD 11.0 million in the same quarter last year – an increase of 53%. Capital spending was CAD 3.6 million. Income before income taxes for the first quarter ended December 31, 2014 was CAD 13.17 million, compared to CAD 8.83 million for the same quarter ended December 31, 2013.

For fiscal 2015, the company planned to spend CAD 24.5 million on CapEx. This is about the same as last year.