GFL Environmental sees revenue, net income grow in second quarter
VAUGHAN, Ont. — GFL Environmental Inc. says its net income from continuing operations was $293.8 million in the second quarter, up from $82.6 million a year earlier.
The Vaughan, Ont.-based company says revenue for the quarter ended June 30 was $1.9 billion, up from $1.7 billion during the second quarter last year.
Diluted earnings per share from continuing operations were 72 cents, up from 17 cents a year earlier.
Adjusted earnings before interest, taxes, depreciation and amortization were $540.7 million for the quarter, up from $453.3 million last year.
The company says it has completed 16 acquisitions so far this year.
GFL says it's increasing its guidance for the full financial year.
(C) The Canadian Press