DEXTERRA GROUP INC - HZNOF STOCK NEWS

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Dexterra Group Inc. (symbol: HZNOF) is a leading provider of support services for infrastructure creation, management, and operation across Canada. With over 8,500 employees, Dexterra delivers innovative solutions in facilities management, regional expertise, workforce accommodations, and modular building capabilities for public and private sector clients. The company has reported strong financial performance, including a record Adjusted EBITDA of $100.6 million in 2023, driven by growth in the Integrated Facilities Management (IFM) and Workforce Accommodations, Forestry, and Energy Services (WAFES) business units. Recent acquisitions and strategic decisions, such as the sale of the Modular Solutions business and the acquisition of CMI Management LLC, position Dexterra for future success.

05/14/2024 05:00 PM

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Dexterra Group Inc. Announces Results for Q1 2024

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Dexterra Group Inc. reported a consolidated revenue of $231.6 million for Q1 2024, a 7.2% increase from Q1 2023, driven by new contracts in IFM and strong activity in WAFES. Adjusted EBITDA was $19.6 million, slightly down from $19.8 million in Q1 2023. Net earnings from continuing operations stood at $4.4 million, while the net loss, impacted by discontinued Modular operations, was $3.6 million. Free Cash Flow improved to $10.6 million from a deficit of $5.1 million in Q1 2023. The acquisition of CMI enhanced Dexterra's U.S. IFM presence. However, debt increased to $132.7 million, primarily due to the CMI acquisition and capital expenditures.

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04/18/2024 05:13 PM

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Dexterra Announces Date for Q1 Results and Updated Annual Shareholder Meeting Date

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Dexterra Group Inc. announces the release date of its Q1 2024 results on May 14, 2024, along with a scheduled conference call and webcast on May 15, 2024. The Annual Meeting of Shareholders will be held on June 20, 2024, in a virtual format.

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03/07/2024 06:00 PM

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Dexterra Group Inc. Announces Results for Q4 and Year Ended December 31, 2023

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Dexterra Group Inc. (TSX: DXT) reported strong financial results for 2023, with consolidated revenue reaching $1.1 billion, a 15.0% increase from the previous year. Adjusted EBITDA for 2023 was a record $100.6 million, up 55% year-over-year. The company also declared a dividend for Q1 2024 and acquired CMI Management, LLC for $23 million.

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02/21/2024 05:00 PM

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Dexterra Announces Date of Q4 2023 Results and Conference Call

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Dexterra Group Inc. (TSX: DXT) plans to release its Q4 2023 results on March 7, 2024, followed by a conference call and webcast on March 8, 2024. The presentation will be available on their website. Investors can access the live webcast and archived recording for further insights.

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11/13/2023 05:00 PM

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Dexterra Announces CFO Appointment

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Dexterra Group Inc. (TSX: DXT) Announces Denise Achonu as Chief Financial Officer

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11/07/2023 05:28 PM

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Dexterra Announces Results for Q3 2023 and Declares Dividend

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Dexterra Group Inc. (TSX: DXT) reported record results for Q3 2023 with consolidated revenue of $310.8 million, a 20% increase from Q3 2022. Adjusted EBITDA was $39.6 million, and consolidated net earnings were $13.9 million. The company declared a dividend for Q4 2023 of $0.0875 per share. WAFES business unit drove the strong results with unprecedented wildfire activity in Alberta and British Columbia.

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10/17/2023 05:03 PM

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Dexterra Announces Date of Q3 2023 Results and Conference Call

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Dexterra Group Inc. to release Q3 2023 results on November 7, 2023

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08/17/2023 05:00 PM

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Dexterra Announces CFO Transition

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Dexterra Group Inc. announces the departure of CFO Drew Knight and the appointment of Karima Amlani as Interim CFO.

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08/08/2023 06:12 PM

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Dexterra Announces Results for Q2 2023 and Declares Dividend

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07/18/2023 05:00 PM

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Dexterra Announces Date of Q2 2023 Results and Conference Call

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Dexterra Group Inc. (TSX: DXT) has announced that it will release its Q2 2023 results on August 8, 2023, after market close. A conference call and webcast are scheduled for August 9, 2023, at 8:30 a.m. Eastern Time. The conference call dial-in number is 1-800-319-4610, and a live webcast will be accessible on Dexterra's website. An archived recording of the conference call will be available until September 9, 2023.

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FAQ

What is the current stock price of DEXTERRA GROUP (HZNOF)?

The current stock price of DEXTERRA GROUP (HZNOF) is $4.895 as of November 6, 2024.

What is the market cap of DEXTERRA GROUP (HZNOF)?

The market cap of DEXTERRA GROUP (HZNOF) is approximately 295.5M.

What services does Dexterra Group Inc. provide?

Dexterra offers a range of support services for infrastructure creation, management, and operation, including facilities management, workforce accommodations, and modular building capabilities.

How many employees does Dexterra Group Inc. have?

Dexterra employs over 8,500 people to deliver innovative solutions and best-in-class regional expertise to clients.

What was the company's revenue for Q4 2023?

In Q4 2023, Dexterra reported consolidated revenue of $270.5 million, driven by growth in the IFM and WAFES business units.

What was Dexterra's Adjusted EBITDA for 2023?

Dexterra achieved a record Adjusted EBITDA of $100.6 million in 2023, representing a 55% increase compared to the prior year.

What strategic decision did Dexterra make regarding the Modular business?

Dexterra is in the process of finalizing a sale agreement to sell the Modular business at approximately net book value, simplifying its business model.

What acquisition did Dexterra complete in 2024?

In 2024, Dexterra acquired CMI Management LLC, an IFM business based in Alexandria, Virginia, expanding its IFM platform in the US.

What was the net loss for Q1 2024?

Dexterra reported a net loss of $3.6 million for Q1 2024, compared to net earnings of $4.7 million in Q1 2023.

When is the sale of the NRB Modular business expected to close?

The sale of the NRB Modular business to ATCO Structures for $40 million is expected to close near the end of July 2024.

What are the benefits of the sale of the NRB Modular business for Dexterra?

The sale of NRB simplifies Dexterra's business, allows management to focus on core offerings, and pay down debt, providing a strategic advantage for the company.