Atlas Reports Fourth Quarter and Full Year 2020 Results
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(1) of gross contracted cash flows since November 2020
Revenue Growth of 25.9% in Q4 and 25.6% in FY2020
Funds from Operations Growth of 45.2% in Q4 and 65.8% in FY2020
Adjusted EBITDA Growth of 32.0% in Q4 and 29.3% in FY2020
Atlas Recognizes Asset Impairment driven by Legacy Technologies in APR Energy
Atlas Corp.
Financial Performance:
Revenue growth of 25.9% to $362.7 million and 25.6% to a record of $1,421.1 million for the quarter and year ended December 31, 2020, respectively, compared to the same periods in 2019
Funds From Operations ( FFO )
(2) growth of 45.2% to $162.8 million and 65.8% to a record of $622.3 million for the quarter and year ended December 31, 2020, respectively, compared to the same periods in 2019
Atlas Announces Appointment of New Chief Financial Officer
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Graham Talbot Possess 25+ Years of Financial Expertise including Global CFO Roles
LONDON, Jan. 11, 2021 /PRNewswire/ - Atlas Corp. ( Atlas ) (NYSE: ATCO), is pleased to announce the appointment of Mr. Graham Talbot to its executive leadership team and the role of Atlas Chief Financial Officer (CFO), beginning today. Atlas conducted an extensive worldwide search for its new CFO, seeking a candidate with significant global enterprise experience including proven leadership, accounting, finance, operational scalability, systems, and executional expertise cultivated within large global multi-national businesses.
Bing Chen, President and CEO of Atlas, commented, Graham is a seasoned professional with an accomplished and distinguished finance career and demonstrated successes in key financial and operational disciplines required of a world-class CFO. His profound experiences at the global