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Parkland sees earnings rise 40 per cent in first quarter of 2023 - Calgary | Globalnews.ca

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The company says unseasonably warm weather lowered commercial volumes in Canada, while the international market saw a boost from a variety of factors including additional volumes.

Parkland Corp. says it earned $77 million in the first quarter of 2023, up 40 per centfrom $55 million a year earlier.

The Calgary-based convenience store operator and fuel retailer says sales and operating revenue for the quarter ended March 31 were $8.2 billion, up 7.2 per cent from $7.6 billion during the first quarter of 2022.Adjusted earnings before interest, taxes, depreciation and amortization in Canada were down 12.6 per cent to $167 million,while international adjusted EBITDA more than doubled, to $183 million.

 

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Parkland sees earnings rise 40 per cent in first quarter of 2023 - BNN BloombergParkland Corp. says it earned $77 million in the first quarter of 2023, up 40 per cent from $55 million a year earlier.
Source: BNNBloomberg - 🏆 83. / 50 Read more »