Logistec Corporation (TSX: LGT.A, LGT.B), a marine and environmental services provider, today announced its financial results for the third quarter and first nine months ended September 27, 2014. During the third quarter of 2014, Logistec kept up its consolidated revenue and profit momentum. Revenue totalled $93.9 million, an increase of $5.2 million or 5.8% over the same period of 2013. The marine services segment’s revenue grew by $0.8 million or 1.8% to $48.7 million for the third quarter of 2014, whereas the environmental services segment’s revenue amounted to $45.2 million, up by $4.3 million over the third quarter of 2013. The growth in the environmental services segment was driven primarily by an overall increase in Sanexen’s Aqua-Pipe business. The third quarter of 2014 closed with a consolidated profit attributable to owners of the Company of $12.0 million, up slightly by $0.4 million over the same period of 2013. For the third quarter of 2014, the profit attributable to owners of the Company translated into total basic and diluted earnings per share of $0.95, of which $0.91 was attributable to Class A Common Shares and $1.00 was attributable to Class B Subordinate Voting Shares. During the first nine months of 2014, consolidated revenue and profit rose to a record high. Consolidated revenue totalled $235.3 million, compared with $218.8 million for the first nine months of 2013. The profit attributable to owners of the Company amounted to $23.8 million for total basic and diluted earnings per share of $1.88, of which $1.81 was attributable to Class A Common Shares and $1.98 was attributable to Class B Subordinate Voting Shares. This compares favourably to the total basic and diluted earnings per share of $1.62 for the same period in 2013, of which $1.55 was attributable to Class A Common Shares and $1.71 was attributable to Class B Subordinate Voting Shares. Outlook “We are very pleased to have achieved Logistec’s best-ever performance for a nine-month period. The balance of the year will no doubt be a little quieter, as is usual for the Company, but we remain optimistic as our services, both marine and environmental, continue to perform based on their individual development plans. In 2014, we undertook one of our Company’s most ambitious capital expenditure programs ever. Combined with our business acquisitions over the past two years, we will have significantly increased our capacity and efficiency,” indicated Madeleine Paquin, President and Chief Executive Officer of Logistec Corporation.