Over $1.4 Billion Paid in Dividends to Date

Repurchased 18.2 million Common Shares for $191.7 million since 2020

Revenue CAGR of 11.9 percent since 1993 to $2 Billion in 2022

Consistently generate free cash

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Bullboard - Investor Discussion Forum Mullen Group Ltd. T.MTL

Alternate Symbol(s): MLLGF | T.MTL.DB

Industrials Integrated Shipping & Logistics

Mullen Group is one of North America's largest logistics providers with a network of independently operated businesses provide a wide range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics & specialized hauling transportation. Mullen also provides a diverse set of specialized services related to the energy, mining... see more

TSX:MTL - Post Discussion

Mullen Group Ltd. > TD's Comments

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Post by ace1mccoy on Apr 19, 2021 9:32am

TD's Comments

TD : Mullen Group has historically been an acquisitive company, but struggled throughout 2020 to complete acquisitions that were a strategic fit. In 2021, the company has now announced two relatively sizable acquisitions, including Bandstra Group as well as its recently announced LOI to acquire APPS Transport Group ( full report). Clearly, the company's ability to complete acquisitions has changed.

Estimate Changes: Mullen will report Q1/21 results on Wednesday, April 21, 2021, and we expect that the company will provide additional disclosures at that time. As a result, we will update our estimates later this week.

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