Investor Relations


2021 First Quarter Results

 

Revenues of $885 Million and EBITDA of $129 Million
Liquidity of $444 Million and Net Debt to Invested Capital 18%

Three Months Ended
March 31, 2021December 31, 2020March 31, 2020
Revenues $ 885$ 671$ 815
EBITDA11291136
Adjusted EBITDA11294139
Net Income (Loss)81(9)11
Earnings (Loss) per share1.29(0.14)0.17
Cash from Operations9610668
Dividends Paid per common share0.380.380.38

All amounts are reported in millions of Canadian dollars except per share figures, which are in Canadian dollars.

1 Adjusted EBITDA and EBITDA are non-GAAP measures.  Adjusted EBITDA represent earnings before long-lived asset impairment, interest, income taxes, depreciation and amortization.  EBITDA represents earnings before interest, income taxes, depreciation and amortization.  Our Management’s Discussion and Analysis includes additional information regarding these non-GAAP measures, including a reconciliation to the most directly comparable GAAP measures, under the headings “Non-GAAP Measures”, and “Reconciliation of net earnings to Adjusted EBITDA”.

 

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