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Black Diamond Group Ltd T.BDI

Alternate Symbol(s):  BDIMF

Real Estate Real Estate - General
Black Diamond Group Limited is a specialty rental and industrial services company. Its segments include Modular Space Solutions (MSS) and Workforce Solutions (WFS). MSS, through its principal brands, BOXX Modular, CLM, MPA Systems, and Schiavi, 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. WFS owns a large rental fleet of modular accommodation assets of various types. Its regional operating terminals rent, sell, service, and provide ancillary products and services, including turnkey operated camps for an array of customers in various sectors. It operates in Canada, the United States and Australia. In addition, WFS includes LodgeLink, which operates a digital marketplace for business-to-business crew accommodation, travel and logistics services across North America.


TSX:BDI - Post by User

Black Diamond Group Ltd
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Post by zack50on May 06, 2021 11:08am
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Post# 33140572

All Systems GO!!!

All Systems GO!!!
Black Diamond Group Swings to Profit in Q1, Expects Positive Momentum to Continue Through 2021

09:48 AM EDT, 05/06/2021 (MT Newswires) -- Black Diamond Group Limited (BDI.TO), a provider of space rental and workforce accommodation solutions, overnight Wednesday reported first-quarter profit of $2.7 million, or $0.05 per share, rising from a loss of $100,000 in the year-ago quarter.

Total revenue increased to $65.8 million from $45.1 million a year ago. Total adjusted EBITDA also rose to $13.3 million from $9.9 million a year ago.

Since the start of the year, Black Diamond's Workforce Solutions segment has been awarded contracts totaling over $56.1 million in revenue, the company said.

Black Diamond expects to see continued positive momentum during the rest of the year as recently signed contracts begin contributing late in the second quarter.

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