Enterprise Group, Inc. (TSX - E)is a consolidator of construction services companies operating in the energy, utility and transportation infrastructure industries. The Company’s focus is primarily construction services and specialized equipment rental. The Company’s strategy is to acquire complementary service companies in Western Canada, consolidating capital, management and human resources to support continued growth. Enterprise became a Western Canadian leader in flameless heat technology in September 2012 with its acquisition of Artic Therm International Ltd., a leader in underground infrastructure construction in June 2013 with the acquisition of Calgary Tunnelling& Horizontal Augering Ltd., and a leader in oilfield service rentals in January 2014 with the acquisition of Hart Oilfield Rentals Ltd.
Mar 31, 2014
ST. ALBERT, ALBERTA–(Marketwired – March 31, 2014) - Enterprise Group, Inc. (“Enterprise,” or “the Company”) (TSX:E) is pleased to announce its financial results for the year ended December 31, 2013. Revenue of $34.8 million, an increase of $16.3 million when compared to prior year, primarily due to strong contributions from the Company’s Utilities/Infrastructure Division.
EBITDAS of $10.0 million, an increase of $5.6 million when compared to prior year.
Earnings per share of $0.08, an increase of $0.04 when compared to prior year.