Sector: Industrials | Industry: Construction & Engineering |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 5700 Explorer Drive, Suite 400 ETOBICOKE ON L4W 0C6 |
Tel: | N/A |
Website: | www.bird.ca |
IR: | See website |
Key People | ||
Paul A. Charette Independent Chairman of the Board | Terrance L. McKibbon President, Chief Executive Officer, Director | Wayne Richard Gingrich Chief Financial Officer |
J. Paul Bergman Executive Vice President - Commercial | Ian Jeffrey Boyd Executive Vice President - Major Projects | Gilles G. Royer Executive Vice President - Industrial | Charles J. Caza Senior Vice President - Risk Management , General Counsel, Corporate Secretary |
Business Overview |
Bird Construction Inc. operates as a general contractor in the Canadian construction market. The Company focuses on projects in the industrial, commercial and institutional sectors of the general contracting industry. It operates through the general contracting sector of the construction industry segment. In the industrial sector, it constructs industrial buildings and performs civil construction operations, including site preparation, concrete foundations, underground piping and earthwork for clients operating in the oil and gas, and mining businesses. In the commercial sector, its operations include construction and renovation of shopping malls, big box stores, office buildings, and selected condominiums and apartments. In the institutional sector, it constructs hospitals, postsecondary education facilities, schools, prisons, courthouses, government buildings, retirement and senior housing, and environmental facilities, including water and wastewater treatment operating centers. |
Financial Overview |
For the nine months ended 30 September 2020, BirdConstruction Inc revenues decreased 1% to C$949.5M. Netincome increased from C$1.3M to C$15.6M. Revenues reflect adecrease in demand for the Company's products and servicesdue to unfavorable market conditions. Net income reflectsEquity Earnings -Before Tas increase from C$2M to C$8M(income), Loss (gain) on interest rate swaps increase fromC$314K (expense) to C$246K (income). |
Employees: | 880 as of Dec 31, 2019 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $341.60M as of Sep 30, 2020 |
Annual revenue (TTM): | $1,370M as of Sep 30, 2020 |
EBITDA (TTM): | $45.10M as of Sep 30, 2020 |
Net annual income (TTM): | $23.74M as of Sep 30, 2020 |
Free cash flow (TTM): | -$41.14M as of Sep 30, 2020 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 53,038,929 as of Oct 9, 2020 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |