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Guides 7-9% Revenue Growth in 2021
FOURTH QUARTER & 2020 HIGHLIGHTS:
Revenue of $328.2 million in the fourth quarter versus $382.0 million in the prior year period, a decline of 14.1%; and $1.20 billion in 2020 versus $1.42 billion in the prior year, a decline of 15.3%.
Sequential revenue growth of 15.8% from the third quarter of 2020.
Organic revenue declined 13.7% in the fourth quarter and 13.9% in 2020.
Net loss attributable to MDC Partners Inc. common shareholders was $243.2 million (inclusive of principally non-cash impairment and other charges of $96.4 million and a $130 million non-cash income tax valuation allowance) in 2020 versus a net loss of $17.6 million in the prior year.
Adjusted EBITDA of $177.3 million in 2020 versus $174.2 million in the prior year, an increase of 1.8%. Adjusted EBITDA Margin of 14.8% in 2020, increasing 250 basis points from 12.3% in the prior year.
Press Release – Auckland Transport Discounted off-peak fares are to become permanent on public transport in Auckland. The permanent ten per cent discount will come in on 7 February. It means cheaper fares for everyone using AT HOP, travelling between 9am and 3pm and at night weekdays …
Discounted off-peak fares are to become permanent on public transport in Auckland. The permanent ten per cent discount will come in on 7 February.
It means cheaper fares for everyone using AT HOP, travelling between 9am and 3pm and at night weekdays and all weekend.
Also from that date, a daily cap will be introduced meaning you can travel as much as you like on buses (not Skybus), trains and inner harbour ferry services and never pay more than $20 a day.
Discounted off-peak fares are to become permanent on public transport in Auckland. The permanent ten per cent discount will come in on 7 February.
It means cheaper fares for everyone using AT HOP, travelling between 9am and 3pm and at night weekdays and all weekend.
Also from that date, a daily cap will be introduced meaning you can travel as much as you like on buses (not Skybus), trains and inner harbour ferry services and never pay more than $20 a day.
Auckland Transport’s annual fare review will see an average fare increase of four per cent which is consistent with the approach set out during Auckland Council’s consultation on the Emergency Budget last June.