Inactive Instrument

Logistec Corporation

LGT.B

CA5414114010

Logistec Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 24, 2023

August 01, 2023 at 06:18 pm EDT

Logistec Corporation reported earnings results for the second quarter and six months ended June 24, 2023. For the second quarter, the company reported sales was CAD 244.97 million compared to CAD 218.97 million a year ago. Net income was CAD 3.22 million compared to CAD 13.02 million a year ago.
For the six months, sales was CAD 403.85 million compared to CAD 360.41 million a year ago. Net loss was CAD 5.83 million compared to net income of CAD 7.01 million a year ago.

Latest news about Logistec Corporation

Blue Wolf Capital Partners Completes Acquisition Of LOGISTEC Corporation	Jan. 08	MT
Logistec Corporation announced that it has received funding from Yellow Point Equity Partners LP	Jan. 07	CI
Stonepeak Partners LP along with certain funds managed by Blue Wolf Capital Partners LLC completed the acquisition of Logistec Corporation (TSX:LGT.B) from Sumanic Investments Inc. and others.	Jan. 07	CI
Logistec Brief: Says Received Final Court Approval For Plan of Arrangement To Be Acquired By Blue Wolf Capital Partners	Dec. 22	MT
North American Morning Briefing : S&P 500 Eyes Record High as Rate Cut Hopes Underpin Sentiment	Dec. 19	DJ
Logistec Brief: Shareholders Approve Proposed Plan of Arrangement For Co to be Bought By Blue Wolf Capital Partners	Dec. 18	MT
Logistec Declares Quarterly Dividend on Shares	Dec. 07	MT
Logistec Corporation Declares Quarterly Dividends, Payable on January 17, 2024	Dec. 07	CI
Logistec Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 10	CI
Technology shares boost TSX amid Middle East turmoil	23-10-16	RE
TSX futures kick off week on copper boost, Middle East conflict weighs	23-10-16	RE
Logistec Entering Into Definitive Agreement to be Acquired by Blue Wolf Capital Partners For $67.00 in Cash Per Share	23-10-16	MT
Logistec Brief: Entering into definitive agreement to be acquired by Blue Wolf Capital Partners; LOGISTEC shareholders to receive $67.00 in cash per share pursuant to transaction	23-10-16	MT
Stonepeak Partners LP along with certain funds managed by Blue Wolf Capital Partners LLC entered into an arrangement agreement to acquire Logistec Corporation (TSX:LGT.B) from Sumanic Investments Inc. and others for approximately CAD 870 million.	23-10-15	CI
Logistec Corporation (TSX:LGT.B) completed the acquisition of a 32.7% stake in FER-PAL Construction Ltd.	23-09-28	CI
Logistec's Q2 Profit Falls, Revenue Rises; Declares Dividend	23-08-02	MT
North American Morning Briefing : Stock Futures -2-	23-08-02	DJ
Logistec Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 24, 2023	23-08-01	CI
Logistec Corporation Declares Quarterly Dividends, Payable on October 6, 2023	23-08-01	CI
Logistec Corporation (TSX:LGT.B) agreed to acquire a 32.7% stake in FER-PAL Construction Ltd.	23-07-31	CI
Update on MT Newswires Canada Stocks To Watch: Canopy Growth; Organigram; CAE; Theratechnologies; Hammerhead Energy; Perpetua Resources; Logistec	23-05-23	MT
MT Newswires Canada Stocks To Watch: Canopy Growth; Organigram; CAE; Theratechnologies; Hammerhead Energy; Perpetua Resources; Logistec	23-05-22	MT
North American Morning Briefing : Investors Await -2-	23-05-22	DJ
Logistec Principal Shareholder Expresses Interest in Shedding Stake	23-05-19	CI
Logistec's Q1 Loss Widens, Revenue Grows; Sets Outlook	23-05-03	MT

Chart Logistec Corporation

Duration

Period

More charts

Company Profile

LOGISTEC Corporation is a Canada-based company that provides specialized services to the marine community and industrial companies in the areas of bulk, break-bulk and container cargo handling in over 60 ports and 90 terminals located in North America. The Company's segments include marine services and environmental services. It offers marine transportation services geared primarily to the Arctic coastal trade as well as marine agency services to shipowners and operators serving the Canadian market. Its marine terminal business comprises 11 terminals that provide stevedoring, handling and warehousing services for bulk, containerized, project cargo and general cargo. Its environmental services segment delivers customized solutions to industrial, municipal and governmental clients with respect to renewal of underground water mains, dredging, dewatering, contaminated soil and materials management, site remediation, risk assessment and manufacturing of fluid transportation products.

Sector

Marine Port Services

More about the company

Sector Port Operators

	1st Jan change	Capi.
INTERNATIONAL CONTAINER TERMINAL SERVICES, INC.	+32.25%	11.49B
CHINA MERCHANTS PORT GROUP CO., LTD.	+14.79%	6.06B
PORT OF TAURANGA LIMITED	-9.11%	2.05B
BEIBU GULF PORT CO., LTD.	+8.12%	1.96B
WILSON SONS S.A.	-3.49%	1.45B
GUJARAT PIPAVAV PORT LIMITED	+40.02%	1.24B
GEMADEPT CORPORATION	+19.43%	1.03B
FAR-EASTERN SHIPPING COMPANY PLC.	-.--%	977M
PIRAEUS PORT AUTHORITY S.A.	+6.68%	661M

Port Operators