Enerflex Ltd. Reports Fourth Quarter 2023 Financial and Operational Results
Enerflex Ltd Common Shares (EFXT)
Company Research
Source: GlobeNewswire
ADJUSTED EBITDA OF $126 MILLION AND $185 MILLION OF FREE CASH FLOW ENGINEERED SYSTEMS BACKLOG OF $1.5 BILLION PROVIDES SOLID VISIBILITY FOR 2024 REPAID $167 MILLION OF DEBT AND REDUCED NET DEBT-TO-EBITDA RATIO1 TO 2.3 TIMES AT YEAR END CALGARY, Alberta, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today reported its financial and operational results for the three months and year ended December 31, 2023. All amounts are presented in Canadian dollars unless otherwise stated. Q4 2023 FINANCIAL AND OPERATIONAL OVERVIEW Generated revenue of $782 million compared to $778 million in Q3/2023, with results driven by continued strong performance from recurring businesses.Increased gross margin before depreciation and amortization to $216 million, or 27.7% of revenue, compared to $201 million, or 25.8% of revenue in Q3/2023. Energy Infrastructure and After-market Services product lines generated 67% of consolidated gross
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News
- Enerflex Ltd.'s (TSE:EFX) CEO Compensation Is Looking A Bit Stretched At The Moment [Yahoo! Finance]Yahoo! Finance
- Enerflex Prevails in Appeal of Mexican Labor Board Decision and Announces Timing of First Quarter Results [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Enerflex Prevails in Appeal of Mexican Labor Board Decision and Announces Timing of First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Enerflex Prevails in Appeal of Mexican Labor Board Decision and Announces Timing of First Quarter ResultsGlobeNewswire
- Analysts Estimate Enerflex (EFXT) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]Yahoo! Finance
EFXT
Analyst Actions
- 2/29/24 - BMO Capital Markets
EFXT
Sec Filings
- 5/1/24 - Form 6-K
- 4/29/24 - Form SD
- 4/5/24 - Form 6-K
- EFXT's page on the SEC website