Macro Enterprises Inc Announces 2021 Second Quarter Results finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Macro Enterprises Inc. Announces 2021 First Quarter Results
Summary of financial results
Three months ended
31,508
Note 1 - References to EBITDA are to net income from continuing operations before interest, taxes, amortization and impairment charge. EBITDA is not an earnings measure recognized by International Financial Reporting Standards ( IFRS ) and does not have a standardized meaning prescribed by IFRS. Management believes that EBITDA is an appropriate measure in evaluating the Company s performance. Readers are cautioned that EBITDA should not be construed as an alternative to net income (as determined under IFRS) as an indicator of financial performance or to cash flow from operating activities (as determined under IFRS) as a measure of liquidity and cash flow. The Company s method of calculating EBITDA may differ from the methods used by other issuers and, accordingly, the Company s EBITDA may not be comparable to similar measures used by other issuers.
Macro Enterprises Inc.: Macro Signs Pipeline Construction Contract for Expansion Project
Macro Enterprises Inc. (TSXV: MCR) (the
Company or
Macro ) announces that it, through its subsidiary Macro Construction Inc., has entered into a contract to construct the Deep Valley South Section and the Colt sections of the 2021 NGTL System Expansion Project.
The 2021 NGTL System Expansion Project will increase natural gas transportation capacity on an existing natural gas pipeline system in Alberta by constructing multiple pipeline sections and compressor station unit additions. The expanded pipeline will be owned and operated by NOVA Gas Transmission Ltd., a wholly-owned subsidiary of TransCanada PipeLines Limited.
Macro Enterprises Inc. Announces 2020 Fourth Quarter and Year End Results
Summary of financial results
Three months ended
($0.63)
31,272
Note 1 - References to EBITDA are to net income from continuing operations before interest, taxes, amortization and impairment charge. EBITDA is not an earnings measure recognized by International Financial Reporting Standards ( IFRS ) and does not have a standardized meaning prescribed by IFRS. Management believes that EBITDA is an appropriate measure in evaluating the Company s performance. Readers are cautioned that EBITDA should not be construed as an alternative to net income (as determined under IFRS) as an indicator of financial performance or to cash flow from operating activities (as determined under IFRS) as a measure of liquidity and cash flow. The Company s method of calculating EBITDA may differ from the methods used by other issuers and, accordingly, the Company s EBITDA may not be comparable to similar measures used by other i
Macro Enterprises Inc.: Macro Signs General Construction Contract with Trans Mountain
Macro Enterprises Inc. (TSXV: MCR) (the
Company or
Macro ) announces that its wholly-owned subsidiary, Macro Projects Inc. ( MPI ), has entered into a General Construction Contract for Interim Work (the Contract ) with Trans Mountain Pipeline L.P. relating to certain segments of Spread 5B of the Trans Mountain Expansion Project. The Spread 5B segments awarded to MPI involve a combination of clearing, grading and pipeline construction along the Coquihalla-Hope corridor in British Columbia.
The Contract provides for MPI to continue with certain construction activities in Spread 5B on an interim basis to complete a portion of the scope of work specified under a previous contract. Macro expects the Contract will continue until a replacement general construction contractor is chosen and a new replacement contract is entered into, expected within the next three months. The Contract has an ini