Dexterra Group Announces CEO Transition
Toronto, Ontario--(Newsfile Corp. - February 8, 2023) - Dexterra Group Inc. (TSX: DXT) ("Dexterra") announces that John MacCuish, Chief Executive Officer ("CEO"), has indicated to the Board that he will step down on April 30, 2023. With this announcement, Dexterra's board of directors has chosen Mark Becker to succeed Mr. MacCuish as CEO, effective May 1, 2023. Mr. Becker is currently Chief Operating Officer ("COO") of Dexterra and will also stand for election as a director at the upcoming...
2023-02-08 6:30 PM EST
Dexterra Appoints New Independent Board Members
Toronto, Ontario--(Newsfile Corp. - January 9, 2023) - Dexterra Group (TSX: DXT) announced today the appointment of Tabatha Bull and Toni Rossi to its Board of Directors effective January 2023."We are excited to have both Tabatha and Toni join our board of directors," says Bill McFarland, Chairman, Dexterra Group. "They each bring unique skills, varied business experiences and diverse perspectives that will help Dexterra be more successful."About Tabatha BullTabatha is an Anishnaabe Kwe from...
2023-01-09 7:26 AM EST
Dexterra Announces Results for Q3 2022 and Declares Dividend
HighlightsRevenue of $259.8 million for Q3 2022 which increased $57.0 million, or 28%, compared with Q3 2021 and $25.9 million or 11% compared to Q2 2022. The increase of revenue in Q3 2022 is primarily attributed to the continued growth in IFM and WAFES. This includes additional revenue of $25.2 million generated through the acquisitions of Dana Hospitality and the assets of Tricom Group (collectively the "Q1 IFM Acquisitions") compared to Q3 2021 as well as an increase in WAFES...
2022-11-08 6:19 PM EST
Dexterra Announces Date of Q3 2022 Results and Conference Call
Toronto, Ontario--(Newsfile Corp. - October 6, 2022) - Dexterra Group Inc. (TSX: DXT) ("Dexterra" or the "Company") announces that it intends to release its Q3 2022 results on November 8, 2022, after market close and has scheduled a conference call and webcast to begin promptly at 8:30 a.m. Eastern Time on November 9, 2022. A presentation will be posted on the Dexterra website at dexterra.com on November 8, 2022, to be reviewed on the conference call.The conference call dial in...
2022-10-06 5:05 PM EDT
Dexterra Group Appoints New President, NRB Modular Solutions
Toronto, Ontario--(Newsfile Corp. - September 22, 2022) - Dexterra Group Inc. (TSX: DXT) ("Dexterra Group") is pleased to announce the appointment of Robert Johnston as President, NRB Modular Solutions effective September 26, 2022.Mr. Johnston joins Dexterra Group most recently from Clean Harbors Environmental Services Canada where he served as President. He also previously held several senior positions at AECOM where he established a strong reputation for driving operational excellence and...
2022-09-22 8:00 AM EDT
Dexterra Group Announces Results for Q2 2022 and Declares Dividend
HighlightsRevenue of $233.9 million for Q2 2022 increased $60.3 million, or 35%, compared with Q2 2021 and $9.9 million or 4% compared to Q1 2022. The increase of revenue in Q2 2022 is primarily attributed to the execution of growth plans in IFM and WAFES, including the additional revenue of $24.9 million generated through the acquisitions of FCPI Dana Investments Inc. ("Dana") and Tricom Group ("Tricom") as well as an increase in WAFES revenue due to increased activity levels in...
2022-08-09 5:15 PM EDT
Dexterra Group Announces Date of Q2 2022 Results and Conference Call
Toronto, Ontario--(Newsfile Corp. - July 21, 2022) - Dexterra Group Inc. (TSX: DXT) ("Dexterra") announces that it intends to release its Q2 2022 results on August 9, 2022, after market close and has scheduled a conference call and webcast to begin promptly at 8:30 a.m. Eastern time on August 10, 2022. A presentation will be posted on the Dexterra website at dexterra.com on August 9, 2022, to be reviewed on the conference call.The conference call dial in number is 1-800-319-4610A...
2022-07-21 5:00 PM EDT
Dexterra Group Announces Appointment of President, Integrated Facilities Management
Toronto, Ontario--(Newsfile Corp. - June 1, 2022) - Dexterra Group Inc. (TSX: DXT) ("Dexterra Group") is pleased to announce the appointment of Sanjay Gomes as President, Integrated Facilities Management ("IFM") effective June 13, 2022.Sanjay joins us from Compass Group, where he led the ESS North America Division as President. He has spent his entire 20+ year career in the support services and facilities management industry, with progressively senior roles in marketing, operations, and...
2022-06-01 7:30 AM EDT
Dexterra Group Announces Executive Changes
Toronto, Ontario--(Newsfile Corp. - May 26, 2022) - Dexterra Group Inc. (TSX: DXT) ("Dexterra Group" or the "Corporation") is pleased to announce the appointment of Jeff Litchfield as President, Workforce Accommodations, Forestry, and Energy Services ("WAFES").Jeff has been with the company for 9 years in the WAFES business unit most recently in the role of Divisional VP Workforce Accommodations working closely with Mark Becker. Jeff will continue to report to Mark Becker, Chief Operating...
2022-05-26 5:30 PM EDT
Dexterra Group Reports Director Voting Results from Annual Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - May 11, 2022) - Dexterra Group Inc. (TSX: DXT) ("Dexterra Group" or the "Corporation") is pleased to report that each of its seven director nominees listed in the Corporation's management information circular dated March 25, 2022 was elected as a director at its May 11, 2022 annual meeting of shareholders.The director election voting results are provided in the table below:Nominee
2022-05-11 5:31 PM EDT
Dexterra Group Announces Results for Q1 2022 and Declares Dividend
HighlightsRevenue of $224.0 million for Q1 2022 increased $68.6 million, or 44%, compared with Q1 2021 and $22.4 million compared to Q4 2021. The FCPI Dana Investments Inc. ("Dana") and Tricom Group ("Tricom") acquisitions in the quarter accounted for $25.2 million of the increase with the remainder primarily due to strong WAFES results related to high resource sector activity levels and new clients wins in 2021;Dexterra Group Inc.'s ("Dexterra Group" or the "Corporation") Adjusted EBITDA for...
2022-05-10 7:03 PM EDT
Dexterra Group Announces Q1 2022 Results Conference Call and Annual General Meeting
Toronto, Ontario--(Newsfile Corp. - April 18, 2022) - Dexterra Group Inc. (TSX: DXT) ("Dexterra Group" or the "Company") announces that it intends to release its Q1 2022 results on May 10, 2022 after market close and has scheduled a conference call and webcast to begin promptly at 8:30 a.m. Eastern time on May 11, 2022. A presentation will be posted on the Dexterra Group website at dexterra.com on May 10, 2022 to be reviewed on the conference call.The conference call...
2022-04-18 8:00 AM EDT
Dexterra Group Announces Results for Q4 and Year Ended December 31, 2021 and Declares Dividend
HighlightsRevenue of $201.6 million for Q4 2021 increased $37.2 million, or 23%, compared to Q4 2020. Revenue for 2021 of $733.4 million increased $255.6 million, or 53%, compared to 2020;Adjusted EBITDA for Q4 2021 of $18.1 million increased by $0.6 million compared to Q4 2020. Q4 2020 included $4.2 million in Canada Emergency Wage Subsidy ("CEWS") (2021 - nil). Adjusted EBITDA for 2021 of $80.8 million increased by $9.7 million compared to 2020. 2020 included $23.8 million additional CEWS...
2022-03-09 5:03 PM EST
Dexterra Group Announces Acquisition of TRICOM Facility Services
Toronto, Ontario--(Newsfile Corp. - January 31, 2022) - Dexterra Group Inc. (TSX: DXT.TO) ("Dexterra Group" or the "Company") announces the closing of the acquisition of privately owned TRICOM Facility Services group of companies ("TRICOM"). TRICOM delivers contract janitorial and associated building maintenance services and supplies custodial equipment and consumables to clients in major centres across Canada. "We are excited to close this deal that is very much aligned with our strategic...
2022-01-31 5:00 PM EST
Dexterra Group Announces Closing of Dana Hospitality Acquisition and Date of Q4 2021 Results
Toronto, Ontario--(Newsfile Corp. - January 17, 2022) - Dexterra Group Inc. (TSX: DXT) ("Dexterra Group" or the "Company") is pleased to announce that the Company successfully closed the previously announced Dana Hospitality acquisition effective January 1, 2022. This acquisition brings an established and unique culinary and hospitality brand with an excellent client list to Dexterra.Dexterra Group also announces that it intends to release its Q4 2021 results on March 9, 2022 after market...
2022-01-17 5:00 PM EST
Dexterra Group Signs Purchase Agreement to Acquire Dana Hospitality LP from Fulcrum Capital Partners
Toronto, Ontario--(Newsfile Corp. - December 17, 2021) - Dexterra Group Inc. (TSX: DXT) ("Dexterra Group" or the "Company") announces the signing of a purchase agreement to acquire 100% of privately owned, Canadian food services company Dana Hospitality LP ("Dana Hospitality") from Fulcrum Capital Partners ("Fulcrum") for $31.5 million subject to normal closing adjustments. The transaction is expected to close in early January 2022. This acquisition brings an established and unique culinary...
2021-12-17 7:00 AM EST
Dexterra Group Announces Results for Q3 2021 and Declares Dividend
HighlightsThe Corporation generated consolidated revenue of $202.8 million for Q3 2021 which increased 17% compared to Q2 2021;EBITDA for Q3 2021 was $22.4 million, and after adjusting for wage subsidies included in Q2 2021 of $4.1 million, was higher by $4.1 million, or 22%, when compared to Q2 2021; Net earnings were $7.8 million and basic earnings per share of $0.12 for Q3 2021 compared to net earnings of $8.2 million in Q2 2021 and basic earnings per share of...
2021-11-09 5:00 PM EST
Dexterra Group Announces Date of Q3 2021 Results and Conference Call
Toronto, Ontario--(Newsfile Corp. - October 12, 2021) - Dexterra Group Inc. (TSX: DXT) ("Dexterra Group" or the "Company") announces that it intends to release its Q3 2021 results on November 9, 2021 after market close and has scheduled a conference call and webcast to begin promptly at 8:30 a.m. Eastern time on November 10, 2021. A PowerPoint presentation will be posted on Dexterra Group's website at dexterra.com on November 9, 2021 to be reviewed on the conference call.The conference call...
2021-10-12 8:00 AM EDT
Dexterra Group Announces Increase to Credit Facility
Toronto, Ontario--(Newsfile Corp. - September 7, 2021) - Dexterra Group Inc. (TSX: DXT) ("Dexterra Group" or the "Company") announced today that it entered an amendment to its existing revolving credit facility on September 7 in the aggregate amount of $200 million, representing an increase of $25 million, and provides an increase of $50 million in an uncommitted accordion for, among other things, acquisitions up to total $125 million.The newly amended credit facility, which includes a...
2021-09-07 4:55 PM EDT
Dexterra Group Announces Results for Q2 2021 and Increases Dividend
HighlightsRevenue of $173.6 million and EBITDA of $22.5 million for the three months ended June 30, 2021 are 12% and 26% higher than Q1 2021;EBITDA was $22.5 million for Q2 showing strong results as the business starts to return to more normal activity levels;Net earnings of $8.2 million and basic EPS of $0.13 were 84% higher than Q1 2021 for the three months ended June 30, 2021;Generated Free Cash Flow was $14.9 million in Q2 2021 and debt was...
2021-08-10 5:00 PM EDT