Enerflex Ltd. Reports Third Quarter 2024 Financial and Operational Results and a 50% Dividend Increase
Enerflex Ltd Common Shares (EFXT)
Company Research
Source: GlobeNewswire
ADJUSTED EBITDA OF $120 MILLION AND FREE CASH FLOW OF $78 MILLION ES AND EI BACKLOG STABLE AT $1.3 BILLION AND $1.6 BILLION, RESPECTIVELY, PROVIDING STRONG OPERATIONAL VISIBILITY BANK-ADJUSTED NET DEBT-TO-EBITDA RATIO OF 1.9X AT THE END OF Q3/24, WITHIN THE COMPANY’S TARGET RANGE OF 1.5X TO 2.0X CAPITAL SPENDING GUIDANCE FOR 2024 UPDATED TO $80 MILLION TO $90 MILLION WITH GROWTH SPENDING EXPECTED TO REMAIN BELOW LONG-TERM AVERAGE IN 2025 CALGARY, Alberta, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three and nine months ended September 30, 2024. All amounts presented are in U.S. Dollars (“USD”) unless otherwise stated. Q3/24 FINANCIAL AND OPERATIONAL OVERVIEW Generated revenue of $601 million compared to $580 million in Q3/23 and $614 million in Q2/24. Higher revenue is primarily attributed to additional project volumes in the Engineered Systems (“E
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EFXT
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form 6-K
- 11/14/24 - Form SC
- EFXT's page on the SEC website