March 10, 2009 / 6:34 PM / 9 years ago

UPDATE 1-Uni-Select Q4 profit in line with consensus view

* Q4 profit C$0.79/shr in line with est - Reuters Estimates

* Sales rise 32 pct to C$373.9 mln

March 10 (Reuters) - Uni-Select Inc (UNS.TO) posted fourth-quarter profit in line with market estimates as acquisitions helped boost sales.

The distributor of replacement auto parts, equipment and tools reported net income of C$14.8 million, or 75 Canadian cents a share, compared with C$13.1 million, or 66 Canadian cents a share, a year earlier.

According to Reuters Estimates, excluding special items, the company earned 79 Canadian cents.

Analysts on average expected a profit of 79 Canadian cents a share, before special items, on revenue of C$371.4 million. In May last year, the company bought Beck/Arnley Worldparts Corp and its Canadian subsidiary Beck/Arnley Worldparts Canada ULC, both automotive replacement parts distributors specializing in foreign vehicles.

The company also purchased the parts distribution operations of Parts Depot Inc in August.

Sales for the Automotive Group USA rose 52 percent to C$227.9 million, with acquisitions contributing C$57.2 million to the increase.

Shares of the company were up 34 Canadian cents at C$23.01 Tuesday afternoon on the Toronto Stock Exchange.

$1=1.291 Canadian Dollar Reporting by Richa Dubey in Bangalore; Editing by Anne Pallivathuckal

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