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ATCO Ltd. (T:ACO.X)

Business Focus: Multiline Utilities

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Sector:  Utilities Industry:  Multiline Utilities
 
See Regulatory Filings on SEDAR
Company Contact
Address: West Building
5302 Forand St SW 4th Floor
CALGARY AB T3E 8B4
Tel: 1-403-2927500
Website: www.atco.com
IR: See website
Key People
Nancy C. Southern
Chairman of the Board, Chief Executive Officer
C.M.D. A. Field
Vice President of Human Resources
Siegfried W. Kiefer
President, Chief Strategy Officer
Linda A. Southern-Heathcott
Vice Chairman of the Board
Dennis A. DeChamplain
Chief Financial Officer, Senior Vice President
Erhard M. Kiefer
Senior Vice President, Chief Administrative Officer
Katie J. Patrick
Vice President - Finance and Risk
Alan M. Skiffington
Vice President, Chief Information Officer
A.L. Maher
Vice President, Controller
Carson J. Ackroyd
Vice President - Marketing and Communications
   
Business Overview
Atco Ltd is a Canada-based company, which offers infrastructure solutions to customers around the world. The Company's segments include Structures & Logistics, Electricity, Pipelines & Liquids and Corporate & Other. Its Structures & Logistics segment consists of ATCO Structures & Logistics, ATCO Frontec and ATCO Sustainable Communities. Its Electricity segment consists of the generation, distribution and transmission businesses of ATCO Electric, ATCO Power and ATCO Power Australia. Its Pipelines & Liquids segment consists of ATCO Gas, ATCO Pipelines, ATCO Gas Australia, ATCO Energy Solutions and ATCO Pipelines Mexico. These businesses offer natural gas transmission, distribution and infrastructure development, natural gas liquids storage and processing, and industrial water solutions throughout Alberta and Western Australia. Its Corporate & Other segment consists of the commercial real estate owned by the Company in Alberta, business development activities associated with ATCO Energy.
Financial Overview
For the six months ended 30 June 2019, ATCO Ltd. revenues decreased 7% to C$2.43B. Net income increased from C$78M to C$270M. Revenues reflect Utilities/Electricity segment decrease of 55% to C$681M, pipelines and liquids segment decrease of 42% to C$448M. Net income reflects Service concession arrangement costs decrease of 80% to C$103M (expense), Salaries, wages and benefits decrease of 17% to C$267M (expense).
Employees: 6,241 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $15,599M as of Jun 30, 2019
Annual revenue (TTM): $4,712M as of Jun 30, 2019
EBITDA (TTM): $2,227M as of Jun 30, 2019
Net annual income (TTM): $520.00M as of Jun 30, 2019
Free cash flow (TTM): -$24.00M as of Jun 30, 2019
Net Debt Last Fiscal Year: $9,268M as of Jun 30, 2019
Shares outstanding: 114,678,265 as of Aug 7, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization