Bird Construction earns $14.1 million in Q2; construction revenue up year-over-year
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 09/08/2022 (1482 days ago), so information in it may no longer be current.
MISSISSAUGA, Ont. – Bird Construction Inc. says it earned $14.1 million in the second quarter of 2022, as its construction revenue rose 3.7 per cent year-over-year.
The Mississauga-based company reported earnings of 26 cents per share for the three months ended June 30, compared to $13.6 million or 26 cents per share in the second quarter of 2021.
On an adjusted basis, Bird Construction earned $21.5 million or 16 cents per share in the second quarter, down from $30.1 million or 28 cents per share in the same period of 2021.
The company recorded year-over-year revenue growth of $20.3 million for the quarter, including contributions from Dagmar Construction Inc., which Bird acquired in September 2021.
Its construction revenue for the quarter rose 3.7 per cent to $576.7 million.
The company says as of June 30, it had a backlog of future work amounting to $2.9 billion, and a pending backlog amounting to $1.8 billion.
This report by The Canadian Press was first published Aug. 9, 2022.
Companies in this story: (TSX:BDT)