Welcome to our dedicated page for Dexterra Group news (Ticker: HZNOF), a resource for investors and traders seeking the latest updates and insights on Dexterra Group stock.
Dexterra Group Inc. (HZNOF), also listed as TSX: DXT, is a support services company that regularly issues detailed news updates on its operations, financial performance, and corporate actions. The company reports on its activities in integrated facilities management, workforce accommodation solutions, and other support services that help create, manage, and operate infrastructure across Canada and the United States.
News releases from Dexterra often cover quarterly financial results, including revenue, segment performance for Support Services and Asset Based Services, Adjusted EBITDA, Free Cash Flow, and Return on Equity. These updates provide insight into factors such as camp occupancy, facilities management activity levels, forestry seasonality, and access matting demand that influence the company’s results.
Investors following Dexterra’s news can also see announcements about acquisitions and investments, such as the company’s 40% stake in Pleasant Valley Corporation, an Ohio-based facility management provider, and the acquisition of Right Choice Camps & Catering, a workforce accommodation provider in Western Canada. These items illustrate how Dexterra expands its facilities management and workforce accommodation capabilities and scale.
Other regular news topics include amendments and expansions of Dexterra’s revolving credit facility, renewals of its normal course issuer bid for share repurchases, and voting results from its annual and special meetings of shareholders. The company also announces conference call and webcast details for its quarterly results, enabling investors to hear management’s commentary on performance and strategy.
This news page aggregates these types of releases so readers can review Dexterra’s financial updates, strategic transactions, capital structure developments, and governance-related disclosures in one place. Users interested in HZNOF and TSX: DXT can consult this feed to monitor how Dexterra reports on its operations in facilities management, workforce accommodations, and related support services over time.
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 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.
Dexterra Group Inc. (TSX: DXT) has announced it will release its Q4 2024 financial results on March 6, 2025, after market close. The company will host a conference call and webcast on March 7, 2025, at 8:30 a.m. Eastern Time to discuss the results.
A presentation will be available on the company's website prior to the call. Investors can access the conference call via dial-in number 1-844-763-8274 or watch the live webcast through Dexterra's website. An archived recording will be available until April 6, 2025, using dial-in number 1-855-669-9658 with passcode 3578869.
Dexterra Group reported Q3 2024 results with consolidated revenue of $269.7 million, up 1.5% from Q3 2023. Adjusted EBITDA was $32.0 million, compared to $38.2 million in Q3 2023. Free Cash Flow improved to $11.9 million, up from $10.2 million last year. Net earnings from continuing operations were $13.4 million. The company completed the sale of its Modular business on August 30, 2024, focusing on core Support Services. IFM segment revenue increased 25.2% to $99.7 million, while WAFES revenue decreased to $170.1 million due to normalized wildfire activity.
Dexterra Group Inc. (TSX: DXT) has announced the release date for its Q3 2024 financial results and the details of the accompanying conference call. The company will publish its Q3 2024 results on November 5, 2024, after market close. A conference call and webcast are scheduled for November 6, 2024, at 8:30 a.m. Eastern Time.
Investors can access the conference call by dialing 1-844-763-8274. A live webcast will be available on Dexterra's website at dexterra.com/investor-presentations-events/. The company will also post a presentation on its website on November 5, 2024, for review during the call.
An archived recording of the conference call will be accessible until December 6, 2024, by dialing 1-855-669-9658 with passcode 5076311.
Dexterra Group Inc. (TSX: DXT) has received approval from the Toronto Stock Exchange (TSX) to amend its normal course issuer bid (NCIB), increasing the maximum number of common shares that can be acquired to 3,207,361 or approximately 5.0% of its issued and outstanding shares. The increase, effective October 16, 2024, allows for the repurchase and cancellation of an additional 3,041,761 common shares. Fairfax Financial Holdings , which currently holds about 49.67% of Dexterra's shares, will be permitted to maintain its proportionate interest through the end of 2024.
Dexterra believes that its shares are undervalued and that the NCIB represents an attractive investment opportunity. The company has also announced the continuation of its automatic share purchase plan (ASPP) with a designated broker, allowing for share purchases during blackout periods. The NCIB and ASPP will terminate on the earliest of: reaching the maximum annual purchase limit, NCIB expiration, or Dexterra's termination of the ASPP.
Dexterra Group Inc. (TSX: DXT) has successfully closed the sale of its NRB Modular Solutions business to ATCO Structures & Logistics for a purchase price of $40 million, subject to normal closing adjustments. This strategic move, previously announced, allows Dexterra to focus on growing and optimizing its core support services segments.
Mark Becker, CEO of Dexterra, expressed well wishes to the NRB team and ATCO as they continue to deliver quality modular projects. The sale marks a significant shift in Dexterra's business strategy, streamlining its operations and potentially improving its financial position.
Dexterra Group Inc. reported strong Q2 2024 results with consolidated revenue of $253.6 million, an 18.1% increase from Q2 2023. Adjusted EBITDA was $29.3 million, up from $25.2 million in Q2 2023. Net earnings from continuing operations were $12.2 million, with earnings per share of $0.19. The IFM and WAFES business units drove growth, with IFM revenue up 31% and WAFES revenue up 11.4% year-over-year. Free Cash Flow improved to $10.1 million year-to-date. The company declared a Q3 2024 dividend of $0.0875 per share. The sale of the Modular business is expected to close in August 2024.