May 8 (Reuters) - Finning International Inc FTT.TO :
* FINNING REPORTS Q1 2019 RESULTS AND INCREASES DIVIDEND
* Q1 EARNINGS PER SHARE C$0.17
* Q1 EARNINGS PER SHARE ESTIMATE C$0.30 -- REFINITIV IBES DATA
* FINNING INTERNATIONAL - RESTRUCTURING CANADIAN AND SOUTH AMERICAN OPERATIONS TO CONTINUE TO REDUCE COST TO SERVE, INCREASE OUR MARKET COMPETITIVENESS
* BY END OF 2019, WE EXPECT GLOBAL WORKFORCE TO BE 5% LOWER THAN AT END 2018
* SOUTH AMERICA'S RECOVERY IS ON TRACK FOLLOWING CHALLENGES RELATED TO IMPLEMENTATION OF NEW ERP SYSTEM IN LATE 2018
* ANNUALIZED DIVIDEND WAS RAISED BY 2.5% TO $0.82 PER SHARE
* QTRLY REVENUE $1,810 MILLION VERSUS $1,670 MILLION
* Q1 REVENUE VIEW C$1.64 BILLION -- REFINITIV IBES DATA
* APPROVED A 2.5% INCREASE IN QUARTERLY DIVIDEND TO $0.205 PER SHARE FROM $0.20 PER SHARE
* QTRLY NET REVENUE $1,719 MILLION VERSUS $1,670 MILLION
* RECEIVED APPROVAL TO RENEW NCIB TO PURCHASE FOR CANCELLATION UP TO 6 MILLION OF ITS COMMON SHARES
* NCIB, WILL BEGIN ON MAY 11, 2019 AND END NO LATER THAN MAY 10, 2020
* "BY END OF 2019, WE EXPECT GLOBAL WORKFORCE TO BE 5% LOWER THAN AT END 2018"