Mullen Group Q3 profit down from year ago as acquisitions boost revenue

Advertisement

Advertise with us

OKOTOKS - Mullen Group Ltd. reported its third-quarter profit fell compared with a year ago as acquisitions helped boost its revenue.

Read this article for free:

or

Already have an account? Log in here »

To continue reading, please subscribe:

Monthly Digital Subscription

$1 per week for 24 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

*Billed as $4.00 plus GST every four weeks. After 24 weeks, price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.

Monthly Digital Subscription

$4.75/week*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*Billed as $19 plus GST every four weeks. 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
Start now

No thanks

*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.

OKOTOKS – Mullen Group Ltd. reported its third-quarter profit fell compared with a year ago as acquisitions helped boost its revenue.

The trucking and logistics company says it earned $33.2 million or 36 cents per diluted share for the quarter ended Sept. 30.

The result compared with a profit of $38.3 million or 41 cents per diluted share a year earlier.

The Mullen Group Ltd. logo is seen in this undated handout photo. THE CANADIAN PRESS/Handout - Mullen Group (Mandatory credit))
The Mullen Group Ltd. logo is seen in this undated handout photo. THE CANADIAN PRESS/Handout - Mullen Group (Mandatory credit))

Revenue for the quarter totalled $561.8 million, up from $532.0 million in the same quarter last year.

The increase was helped by the acquisition of Cole International Inc. and Pacific Northwest Moving (Yukon) Ltd.

On an adjusted basis, Mullen Group says it earned 38 cents per share in its latest quarter, down from an adjusted profit of 41 cents per share a year earlier.

This report by The Canadian Press was first published Oct. 22, 2025.

Companies in this story: (TSX:MTL)

Report Error Submit a Tip

Business

LOAD MORE