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ATCO Ltd. (T:ACO.X)

Business Focus: Multiline Utilities

Sector:  Utilities Industry:  Multiline Utilities
 
Company Contact
Address: 5302 Forand Street S.W
CALGARY AB T3E 8B4
Tel: N/A
Website: https://www.atco.com/en-ca.html
IR: See website
Key People
Nancy C. Southern
Chairman of the Board, Chief Executive Officer
M. George Constantinescu
Senior Vice President and Chief Transformation Officer
Linda A. Southern-Heathcott
Vice Chairman of the Board
Katherine-Jane Patrick
Executive Vice President, Chief Financial & Investment Officer
Adam M. Beattie
President, Structures of ATCO Structures & Logistics Ltd.
Jim Landon
President, Frontec of ATCO Structures & Logistics Ltd.
Marshall F. Wilmot
President of ATCO Energy Ltd. and Chief Digital Officer of ATCO Ltd. and Canadian Utilities Limited
Sarah J. Shortreed
Executive Vice President, Chief Technology Officer
Robert J. Myles
Executive Vice President - Corporate Development of ATCO and Canadian Utilities
Rebecca A. Penrice
Executive Vice President - Corporate Services
   
Business Overview
ATCO Ltd. is a Canada-based diversified company. The Company's Structures & Logistics segment offers workforce and residential housing, modular facilities, construction, site support services, workforce lodging services, facility operations and maintenance, defense operations services, and disaster and emergency management services. Its Canadian Utilities Limited segment includes ATCO Energy Systems, ATCO EnPower and Retail Energy. The Neltume Ports segment includes the equity interest in Neltume Ports S.A., a port operator and developer based in South America. Neltume Ports operates 18 port facilities and five port operation services businesses located in Chile, Uruguay, Argentina, Brazil and the United States. ATCO Corporate & Other includes commercial real estate owned by the Company, intersegment eliminations, Ashcor, a business engaged in the processing and marketing of live ash and ash reclaimed from landfills, and Fresh Bites, which is engaged in food services.
Financial Overview
For the three months ended 31 March 2024, Atco Ltd revenues decreased 3% to C$1.32B. Net income decreased 12% to C$147M. Revenues reflect Canadian Utilities Limited - Utilities segment decrease of 5% to C$887M, Canadian Utilities Limited - Energy Infrastructure segment decrease of 31% to C$91M. Net income also reflects Other increase from C$10M to C$68M (expense), Depreciation and Amortization increase of 5% to C$199M (expense).
Employees: 20,175 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $14,841M as of Mar 31, 2024
Annual revenue (TTM): $4,707M as of Mar 31, 2024
EBITDA (TTM): $1,995M as of Mar 31, 2024
Net annual income (TTM): $412.00M as of Mar 31, 2024
Free cash flow (TTM): $192.00M as of Mar 31, 2024
Net Debt Last Fiscal Year: $10,667M as of Mar 31, 2024
Shares outstanding: 112,158,878 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization