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Laidlaw Intl



Laidlaw Intl is a publicly traded company having a good stock performance result. Laidlaw Intl is a fortune 500 stock listed company trading under LI.



Robert Laidlaw creates a trucking service company in Ontario, Canada in 1924. Laidlaw International is headquartered in Naperville, Illinois, a Chicago suburb. Laidlaw International, Inc. is a holding company for North America’s largest providers of school and inter-city bus transportation and public transit services. Laidlaw International’s portfolio of companies operates well-recognized brands with dominant positions within their industries. Companies include Laidlaw Education Services, Greyhound and Laidlaw Transit Services.




The company managements are




Kevin E. Benson





President and Chief Executive Officer member of Board of Directors, Laidlaw International, Inc. President and Chief Executive Officer, Laidlaw Education Services,


Douglas


Executive Vice President and Chief Financial Officer, Laidlaw International, Inc.,




Beth Byster Corvino




Executive Vice President, General Counsel and Corporate Secretary, Laidlaw International, Inc.




Laidlaw International, Inc., a holding company for North America's largest operators of school and inter-city bus transportation and a leading provider of public transit services, today reported financial results for its fiscal second quarter ended February 28, 2006. Laidlaw reported net income from continuing operations of 38 million dollars or 0.38 dollars per share for its second quarter 2006, as compared to net income from continuing operations of 21 million dollars or 0.20 dollars per share for second quarter 2005. According to Kevin Benson, President and Chief Executive Officer of Laidlaw International, Inc these results reflect their attention to improvement in all aspects of their business. They also benefited from reduced interest costs following last year's debt refinancing. The share buyback program which they announced last quarter is well underway with 1.7 million shares repurchased by the end of the second quarter.


Laidlaw reported consolidated revenue for the second quarter of 789 million dollars, up 3percent from 764 million dollars in the prior year. The expansion in revenue is due to Education Service's efforts to improve school bus contract rates and Greyhound's ticket price increases.


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