Toronto, Ontario (Newsfile Corp. - February 18, 2021) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) ("Belgravia" or the "Company") is pleased to announce that it intends to undertake a Normal Course
Total revenues declined 70 per cent due to COVID-19 and travel restrictions
MONTREAL, Feb. 12, 2021 /CNW/ - Total revenues of $5.833 billion in 2020 declined $13.298 billion or 70 per cent from 2019. The airline reported 2020 negative EBITDA
(1) (excluding special items) or (earnings before interest, taxes, depreciation and amortization) of $2.043 billion compared to 2019 EBITDA of $3.636 billion. Air Canada reported an operating loss of $3.776 billion in 2020 compared to operating income of $1.650 billion in 2019. Unrestricted liquidity amounted to $8.013 billion at December 31, 2020. With today s release of 2020 fourth quarter and full year results, we close the book on the bleakest year in the history of commercial aviation, after having reported several years of record results and record growth at Air Canada. The catastrophic impact of COVID-19 and government-imposed travel restrictions and quarantines has been felt across our entire network, deeply affecting all of ou
(2)
TORONTO, ON / ACCESSWIRE / February 11, 2021 / AirIQ Inc. ( AirIQ ) (TSXV:IQ), a supplier of wireless asset management services, today announced its financial results for the three months and nine months ended December 31, 2020, reporting increases in recurring revenue of 11%, total revenue of 4%, gross profit of 13%, gross margin of 6%, operating profits of 16%, net income of 15%, cash balance of 5% and working capital of 6%, when compared to the same period the previous year. We are very pleased with our results this quarter, representing increases in almost all of our key operating metrics, stated Michael Robb, President and Chief Executive Officer of the Company. Despite the ongoing uncertainty due to the COVID-19 pandemic, the Company continues to move forward through the dedicated work of our team and the broadening of our product offering, such as the previously announced camera and battery operated devices, continued Mr. Robb.
Norbord Reports Record 2020 Results
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Note: Financial references in US dollars unless otherwise indicated. This news release reviews Norbord s standalone performance during the 2020 fiscal year as Norbord and West Fraser operated as separate companies during the 2020 fiscal year (see Acquisition by West Fraser section below).
2020 HIGHLIGHTS
Record full-year Adjusted EBITDA of $865 million and Adjusted earnings of $6.38 per diluted share
Record annual production at three mills (one in North America and two in Europe)
Liquidity of $985 million at year-end
Announced intention to restart production at Chambord, Quebec mill in spring 2021
Published 2020 Environmental, Social and Governance (ESG) report