Black Diamond Group Ltd T.BDI

Alternate Symbol(s): BDIMF

Industrials

Black Diamond Group Limited is a specialty rentals and industrial services company. The Company owns a portfolio of businesses that solve the space, accommodation and travel needs of organizations around the globe. Its segments include Modular Space Solutions (MSS) and Workforce Solutions (WFS). The MSS segment, through its brands, BOXX Modular, Britco, MPA, Schiavi and CL Martin, owns a rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service, and provide ancillary products and services to a diverse customer base in the construction, industrial, education, financial, and government sectors. The WFS segment, through its brands, Black Diamond Camps and Black Diamond Energy Services, owns a rental fleet of modular accommodation assets of all types and sizes. It also includes its wholly owned subsidiary, LodgeLink, which operates a digital marketplace for business-to-business crew accommodation, travel, and logistics in North America.

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Black Diamond Group Ltd

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Post by pwig01on Mar 05, 2019 8:25pm

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Post# 29446973

Q4 Results

March 5 (Reuters) - Black Diamond Group Ltd:

* CONSOLIDATED REVENUE IN QUARTER ROSE 9%,

* REVENUE FOR QUARTER WAS $45.4 MILLION, UP 9% OR $3.8 MILLION

* QTRLY LOSS PER SHARE $0.07

* MSS BUSINESS PLANNING FOR CONTINUED EXPANSION, EXPECTED TO BE SUPPORTED BY ABOUT $25 TO $30 MILLION CAPITAL INVESTMENT THROUGHOUT YEAR

* EXPECTS AN IMPROVEMENT IN WFS BUSINESS MOVING FORWARD

* Q4 EARNINGS PER SHARE VIEW C$-0.05 -- REFINITIV IBES DATA

* EXPECTS CONTINUED IMPROVEMENT IN ALBERTA MARKET IN 2019

* LONGER TERM VISION FOR MSS BUSINESS: DOUBLE FLEET COUNT OVER 5 YEARS

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