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    BLX   CA09950M3003

BORALEX INC.

(BLX)
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Boralex : Advisory - Boralex will release its 2021 Third quarter financial results on November 12

10/15/2021 | 07:39am EST

MONTREAL - Boralex Inc. ('Boralex' or 'the Corporation') announces that the release of the 2021 Third quarter results will take place on Friday, November 12, 2021, at 11 a.m.

Financial analysts and investors are invited to attend a conference call during which the financial results will be presented.

Date and time: Friday, November 12, 2021, at 11 a.m. EST

Dial-in numbers: 1-888-390-0549 or 416-764-8682

Media and other interested individuals are invited to listen to the conference and view a presentation which will be broadcasted live and on a deferred basis on Boralex's website at www.boralex.com. A full replay will also be available by dialing toll free at 1-888-390-0541 until November 19, 2021. The access code is 660995, followed by the pound sign (#).

The financial information will be released through a press release and on Boralex's website on November 12, 2021, at 7 a.m.

About Boralex

At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France's largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has more than doubled to 2.5 GW. We are developing a portfolio of more than 3 GW in wind and solar projects and nearly 200 MW in storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, our discipline, our expertise and our diversity, we continue to be an industry leader. Boralex's shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.

Contact:

Media

Isabelle Fontaine

Director

Public Affairs and Communications

Boralex Inc.

T: 819-363-6338

E: isabelle.fontaine@boralex.com

Investors

Stephane Milot

Senior Director - Investor Relations

Boralex Inc.

T: 514-213-1045

E: stephane.milot@boralex.com

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 690 M 539 M 539 M
Net income 2021 50,2 M 39,2 M 39,2 M
Net Debt 2021 3 595 M 2 809 M 2 809 M
P/E ratio 2021 77,9x
Yield 2021 1,83%
Capitalization 3 716 M 2 906 M 2 904 M
EV / Sales 2021 10,6x
EV / Sales 2022 9,82x
Nbr of Employees 500
Free-Float 98,9%
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Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 36,21 CAD
Average target price 47,00 CAD
Spread / Average Target 29,8%
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Managers and Directors
Patrick Decostre President, Chief Executive Officer & Director
Bruno Guilmette Chief Financial Officer & Vice President
Alain RhÚaume Chairman
Edward Hume Kernaghan Independent Director
Dany St-Pierre Independent Director
Sector and Competitors