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, forestry, and construction industries in western Canada.

TSX:MTL - Post by User

Mullen Group Ltd. > Excellent quarter

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Comment by bossuon Jul 21, 2022 9:12am

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Post# 34839900

RE:Excellent quarter

bossu wrote: Just compared to last quarter:

Q1 2022 $ 466,9 M Net income $ 16,4 M = 11%

Q2 2022 $ 521,5 M Net income $ 42,7 M + 260% from last quarter

Nott necessary to say thet we might see a big POP and qould not be surprise to see + 10 % or more today

By the way just bought 5 minutes before the close yesterday!

Outlook
Our short term strategy will be to manage the business we have, invest capital in new efficient operating equipment that will improve margins and prudently manage the balance sheet, initiatives that have us on target to achieve $2.0 billion in consolidated revenues and $300.0 million in OIBDA this year," added Mr. Mullen.