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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 einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
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.
Parkland announces strong 2021 first quarter results and outlines 2025 growth ambition streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Parkland Corporation Announces Completion of Conrad & Bischoff Inc. Acquisition and April 2021 Dividend April 14, 2021 EnergyNow Media
April 13, 2021
CALGARY, Alberta, April 13, 2021 (GLOBE NEWSWIRE) Parkland Corporation (“Parkland”) (TSX:PKI) announces that through its wholly owned U.S. subsidiaries (collectively, “Parkland USA”), it has completed the previously announced acquisition of Conrad & Bischoff Inc. and its related companies (collectively, “C&B”).
C&B is a well-established retail, commercial, wholesale and lubricants business and establishes Parkland’s fourth U.S. Regional Operating Center (“ROC”) in Idaho Falls, ID. Family owned and operated since 1959, C&B’s operations are concentrated in the fast-growing markets of Idaho and western Wyoming with additional distribution capability into Utah, Nevada, Montana and other states. Please see Parkland’s press release dated February 26, 2021 for more information about thi