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July 29, 2014
07:44 EDTFSRVFirstService reports Q2 adjusted EPS 74c, consensus 61c
Reports Q2 revenue $660.7M, consensus $645.01M. Jay S. Hennick, founder and CEO of FirstService, stated, "Colliers International grew revenues by 22% with EBITDA up by more than 40% and margins up 170 basis points to 9.6%. FirstService Residential continued to deliver excellent top-line growth with multiple contract wins across the entire North American platform. FirstService Brands also had an outstanding quarter with EBITDA up 27% and margins up 250 basis points to almost 22%. Finally, cash flows almost tripled from the same quarter one year ago. With strong operating results and cash flow, ample financial capacity and multiple growth opportunities, FirstService is better positioned than ever to continue delivering outstanding results for the balance of 2014 and beyond."
News For FSRV From The Last 14 Days
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April 22, 2015
09:21 EDTFSRVFirstService shareholders approve separation plan
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April 20, 2015
16:03 EDTFSRVFirstService acquires controlling interest in Strategic Building Solutions
FirstService announced that its subsidiary, Colliers International, has acquired a controlling interest in Strategic Building Solutions, a project management firm in the Northeast U.S. Headquartered in Madison, Connecticut. Each of the partners of SBS will retain the balance of the equity and will continue to lead operations. SBS generates annual revenues of approximately $15M. Terms of the transaction were not disclosed.
April 18, 2015
21:08 EDTFSRVFirstService to hold special shareholder meeting
Special Shareholder Meeting to vote to approve separating into two independent public companies will be held in Toronto, Canada on April 21 at 4 pm.
April 17, 2015
10:10 EDTFSRVFirstService to host special shareholder meeting
Special shareholder meeting to be held in Toronto on April 21 at 4pm.
April 11, 2015
14:18 EDTFSRVFirstService management to meet with William Blair
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