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.

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Black Diamond Group Ltd

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Post by zack50on Nov 04, 2022 9:56am

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Post# 35072738

Market reacts favourably - up ~7% in early trading...

* Hiked its dividend by 33 per cent to 8 cents annually from 6 cents, paid quarterly.
* Total revenue of $95.9-million... expectation was for revenue of $78.5-million.
* Profit of $9-million or 15 cents p/s... expectation was for profit of 8 cents p/s.