Over $1.4 Billion Paid in Dividends to Date

Repurchased 18.5 million Common Shares for $197.3 million since 2020

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

Consistently generate free cash

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. > Nice Beat

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Post by retiredcf on Feb 10, 2022 7:10am

Nice Beat

Mullen Group Ltd. reported record revenue of $441.9-million for its quarter ended Dec. 31, up from $297.7-million a year ago, driven by acquisitions. The results beat expectations of $425.7-million.

“This is the second consecutive quarter that we achieved record revenue,” stated CEO Murray Mullen. “Earlier this year we acquired six quality companies. They have driven, not only, revenue growth, we have expanded into new markets that we believe there is the potential for continued growth, gained access to an expanded customer base and added to our workforce at a time when recruiting new employees has turned into a real challenge.”

Net income was $20.2-million or 21 cents per share versus $10-million or 10 cents a year ago.

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