	laidlaw transportation ldmfa sees better year laidlaw transportation ltd said ings per share for the current fiscal year should increase by substantially more than the pct average annual growth experienced in the last four years revenues for the year ended august will be about billion dlrs including gsx corp the u s waste services unit acquired from imasco ltd last year for mln dlrs laidlaw president michael de groote told analysts last year laidlaw had operating ings of mln dlrs or cts per share on revenues of mln dlrs de groote also said the company expects excellent results in the second quarter ended february but would not be more specific he said his revenue estimate for fiscal does not include possible further acquisitions and said that the addition of gsx will produce increasing benefits in fiscal through fiscal de groote said the increased ings in the previous four quarters was due partly to internal growth of about pct the rest came from acquisitions he said laidlaw expects to sell a small rubber recycling operation a subsidiary of gsx within the next few weeks but this will not make any material contribution to ings de groote said he also said he is not very optimistic about the ongoing negotiations to buy pct of tricil ltd a toronto based chemical and solid waste services company with canadian and u s operations from trimac ltd of calgary de groote said that regardless of the outcome of the proposed tricil acquisition laidlaw will decide within the next days whether to stay in the north american chemical waste business through gsx corp we feel it is a profitable business with good growth potential and we now want to stay in it if we can get the right management de groote said laidlaw financed the acquisition of gsx by its u s subsidiary laidlaw transportation inc with the proceeds of a mln canadian dlr preferred stock issue and borrowing de groote said the company will gain about mln dlrs in cash by august from the exercise of warrants de groote also said waste services in fiscal will represent about pct of revenues school buses will contribute pct and trucking about two pct the trucking subsidiary in western canada is performing well and there are no plans to sell it he said he would not estimate the contribution of each segment to ings per share for the year he also said that further acquisitions of school bus operations in the u s are likely within the next few months reuter 
