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Parkland delivers strong 2021 results led by record marketing performance; increases dividend and 2022 Guidance

Parkland delivers record third quarter results with Adjusted EBITDA of $364 million; $1 billion for the first nine months

Parkland announces strong 2021 first quarter results and outlines 2025 growth ambition

Share: CALGARY, Alberta, May 03, 2021 (GLOBE NEWSWIRE) Parkland Corporation ( Parkland , we , the Company , or our ) (TSX:PKI) announced today its financial and operating results for the three months ended March 31, 2021 ( Q1 2021 ). Highlights include: Adjusted EBITDA attributable to Parkland ( Adjusted EBITDA ) of $314 million, up 64 percent year-over-year. Despite continued COVID-19 impacts, we benefited from lower costs, continued strong per unit fuel margins and Company C-store same-store sales growth ( SSSG ) in Canada, U.S. acquisition growth, solid performance in International and higher utilization at the Burnaby refinery. Net earnings attributable to Parkland of $31 million, or $0.21 per share, basic, an increase of $110 million relative to prior year.

Parkland announces strong 2021 first quarter results and outlines 2025 growth ambition

Parkland announces strong 2021 first quarter results and outlines 2025 growth ambition
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Parkland announces strong 2021 first quarter results and

Parkland announces strong 2021 first quarter results and outlines 2025 growth ambition May 03, 2021 17:22 ET | Source: Parkland Corporation Parkland Corporation Calgary, Alberta, CANADA CALGARY, Alberta, May 03, 2021 (GLOBE NEWSWIRE) Parkland Corporation ( Parkland , we , the Company , or our ) (TSX:PKI) announced today its financial and operating results for the three months ended March 31, 2021 ( Q1 2021 ). Highlights include: Adjusted EBITDA attributable to Parkland ( Adjusted EBITDA ) of $314 million, up 64 percent year-over-year. Despite continued COVID-19 impacts, we benefited from lower costs, continued strong per unit fuel margins and Company C-store same-store sales growth ( SSSG ) in Canada, U.S. acquisition growth, solid performance in International and higher utilization at the Burnaby refinery.

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