Dexterra Group Inc Stock Price, News & Analysis

Dexterra Group (TSX: DXT) has appointed David Lambert as President of Dexterra USA, marking a significant step in the company's U.S. expansion strategy. Lambert, who previously served as President of IFM & Trades at Vixxo, brings over 20 years of executive experience including roles at Accenture, IBM, and Cognizant.

The appointment aligns with Dexterra's focus on growing its Integrated Facility Management (IFM) presence in the U.S. market, particularly following recent acquisitions. Lambert, a West Point graduate with additional education from Harvard Business School and Wharton, will be responsible for scaling the company's IFM operating platform across the United States.

Dexterra Group (TSX: DXT) has announced a strategic investment in Pleasant Valley Corporation (PVC), acquiring a 40% stake for US$58.3 million. The Ohio-based facility management services provider generates approximately US$175 million in annual revenues.

The transaction, effective July 31, 2025, includes an option for Dexterra to acquire the remaining 60% stake as early as Q3 2027. PVC, founded in 1976, specializes in Integrated Facility Management services for commercial and industrial clients, including Fortune 500 companies, utilizing proprietary technology and a distributed operating model.

Dexterra Group (TSX: DXT) has scheduled the release of its Q2 2025 financial results on August 5, 2025 after market close. The company will host a conference call and webcast on August 6, 2025 at 8:30 a.m. Eastern Time to discuss the results.

A presentation will be available on dexterra.com prior to the call. Investors can access the conference via phone at 1-844-763-8274 or through the live webcast link on Dexterra's investor relations website. A recording will be available until September 6, 2025 by dialing 1-855-669-9658 with passcode 3972185.

Dexterra Group (HZNOF) has successfully expanded and extended its revolving credit facility, increasing it from $260 million to $425 million with an additional uncommitted accordion of $150 million. The facility's term has been extended to four years, with maturity set for September 7, 2029. The amended terms include interest rates at bank prime plus 0.50% to 1.50% or Canadian Overnight Repo Rate Average plus 1.50% to 2.50%, varying based on the company's Net Debt to EBITDA ratio. CEO Mark Becker emphasized that the improved terms reflect the company's strong business position and will support its capital allocation priorities and growth strategy while maintaining a robust balance sheet.

Dexterra Group (TSX: DXT) has received TSX approval to renew its Normal Course Issuer Bid (NCIB) program. The new NCIB will run from May 23, 2025 to May 22, 2026, allowing Dexterra to repurchase up to 3,115,173 common shares, representing 5% of outstanding shares. The company can purchase up to 6,566 shares daily, based on 25% of the six-month ADTV of 26,265 shares.

Under its previous NCIB, Dexterra has purchased 2,086,900 shares at an average price of C$7.1921, totaling C$15,009,121.91. The company believes its shares are undervalued and do not reflect its business value and future prospects. Additionally, Dexterra announced an automatic share purchase plan (ASPP) with a designated broker to facilitate share purchases during blackout periods.

Dexterra Group Inc. (TSX: DXT) held its annual and special meeting of shareholders on May 7, 2025, where all nine director nominees were successfully elected to the board. The election results showed strong shareholder support, with most nominees receiving over 99% of votes in favor. Antonia Rossi received the highest approval rate at 99.86%, while Kevin D. Nabholz received the lowest but still strong support at 97.20%. All other matters presented at the meeting were also approved by shareholders.

Dexterra Group (HZNOF) reported strong Q1 2025 financial results with consolidated revenue of $239.7 million, up 3.4% year-over-year. Adjusted EBITDA increased 29% to $25.2 million, driven by high camp occupancy and CMI Management's full quarter contribution. Net earnings from continuing operations doubled to $8.6 million ($0.14 per share vs $0.07 in Q1 2024). The company's Support Services segment saw revenue growth of 7.1% to $198.8 million, while Asset Based Services revenue declined 11.6% to $40.9 million due to weather impacts. Dexterra continued its share buyback program, purchasing 989,000 shares at $7.69 per share, and declared a Q2 2025 dividend of $0.0875 per share. Free Cash Flow decreased to $1.2 million due to a delayed $20.3 million receivable expected in May.

Dexterra Group Inc. (TSX: DXT) has announced key upcoming dates for shareholders. The company will release its Q1 2025 financial results on May 6, 2025, after market close, followed by a conference call and webcast on May 7, 2025, at 8:30 a.m. Eastern time.

The company's Annual and Special Meeting is scheduled for May 7, 2025, at 10:00 a.m. Eastern time, and will be held in a virtual format via live audio webcast. A presentation related to Q1 results will be available on Dexterra's website prior to the conference call.

Dexterra Group reported strong financial results for 2024, with consolidated revenue reaching $1.0 billion, an 8.1% increase from 2023. The company's Q4 2024 revenue was $247.8 million, up by $16.6 million compared to Q4 2023.

Key financial highlights include:

• Adjusted EBITDA from continuing operations at $107.4 million in 2024
• Support Services achieved record EBITDA of $74.1 million, up 36.8%
• Free Cash Flow improved to $74.7 million, with 69.5% EBITDA conversion
• Net earnings from continuing operations reached $37.5 million
• Earnings per share increased to $0.58 in 2024 from $0.55 in 2023

The company continued its share buyback program, purchasing 1,177,100 shares at an average price of $6.72. A Q1 2025 dividend of $0.0875 per share was declared, payable April 15, 2025.