Element Fleet Management Corp T.EFN

Alternate Symbol(s): ELEEF

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Element Fleet Management Corp. is a Canada-based fleet solutions providers. It operates as a pure-play automotive fleet manager. The Company offers a full range of fleet services and solutions to corporations, governments and not for profits across North America, Australia, and New Zealand. Its services address every aspect of clients' fleet requirements, from vehicle acquisition, maintenance, accidents and remarketing, to integrating electric vehicles' (EV) and managing the complexity of gradual fleet electrification. It offers a range of fleet solutions consisting of cost management; driver productivity and vehicle uptime; fleet electrification, lease vs ownership, sale leaseback, and others. Its fleet types include global; government and public sector; material handling equipment; sales, and heavy trucks. It offers fleet solutions to various industries, such as construction; energy, oil and gas; food and beverage; healthcare; services; transportation, and utilities.

TSX:EFN - Post by User

Element Fleet Management Corp

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Post by retiredcfon Nov 25, 2024 6:37am

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EFN reported EPS of 29c, beating estimates of 25c; revenue of $279.6M beat estimates of $222.4M. Its buyback was renewed. The dividend was raised 8%. 2025 guidance was strong, with an expected growth rate of 6.5% to 8.5%. These were good numbers. (5iResearch)

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