Winnipeg Free Press - PRINT EDITION

Aeroplan firm predicts revenue boost, new clients

MONTREAL -- Aimia, formerly Groupe Aeroplan, expects its expertise in analyzing consumer shopping habits to add more revenue and more global clients in the next few years, CEO Rupert Duchesne said Friday.

"I think you will see us bring on new partners in that area in the next 18 months, but we're not going to rush for growth until we've got a strong base," Duchesne said after Aimia's annual shareholders meeting.

Aimia (TSX:AIM) provides data analytics to five global clients, including Australian grocer Coles, U.S.-based drugstore chain CVI and Canada's Sobeys grocery chain.

The company's data analytics business -- Intelligent Shopper Solutions -- analyzes shopping habits for businesses.

Aimia's Canadian operations, which include the Aeroplan loyalty card business, will grow at a modest rate this year.

-- The Associated Press

Republished from the Winnipeg Free Press print edition May 5, 2012 B10

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