Park Lawn Corporation Releases Strong Q1 2021 Results
TORONTO, ONTARIO (May 13, 2021) – Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) announced its results for the first quarter (“Q1”) ended March 31, 2021. PLC continued its solid performance into Q1 2021, which included significant growth in revenue, net earnings, Adjusted Net Earnings, Adjusted EBITDA, and Adjusted EBITDA margin: J. Bradley Green, Chief Executive Officer of PLC, stated: “Similar to the fourth quarter of 2020, we experienced continued operational excellence from our PLC team in the first quarter of 2021. As compared to Q1 2020, net revenue from comparable operations grew approximately 21% and Adjusted EBITDA margin increased 300 basis points to 27.2%, further demonstrating our commitment to improving upon our existing operations and integrating our recent