Finning International Inc. expected to Report Fiscal Year 2009 Results on February 19, 2010. This event was calculated by Capital IQ (Created on October 27, 2009).

Finning International Inc. has inaugurated a new logistics center in Antofagasta, the capital of Chile's region II, to service copper miners in the region.

Finning International Inc. announced unaudited consolidated earnings results for the second quarter ended June 30, 2009. For the quarter, the company reported revenues of CAD 1,165 million and earnings before interest and income taxes was CAD 60 million against revenues of CAD 1,531 million and earnings before interest and income taxes was CAD 108 million a year ago. Net income was CAD 48 million or CAD 0.28 per diluted share against CAD 67 million or CAD 0.39 per diluted share a year go. Revenues declined 24% from the same quarter last year due to significantly lower new equipment sales and rental revenues in all operations, reflecting weak economic conditions. Free cash flow was strong in the second quarter at CAD 140 million, a substantial improvement from negative CAD 38 million free cash flow in the prior year's quarter. Diluted EPS was positively impacted by CAD 0.13 per share, primarily from the weaker Canadian dollar relative to the US dollar. Challenging economic conditions continue to impact Finning's business. Previous expectations for 2009 revenue levels, established late in 2008 as part of the company's budgeting process will likely not be achieved. As a result, the company is withdrawing the revenue guidance previously provided. The Board of Directors approved the company's quarterly dividend at CAD 0.11 per common share, payable on September 11, 2009, to shareholders of record on August 28, 2009. This dividend will be considered an eligible dividend for Canadian income tax purposes.