Park Lawn Corporation Releases Q1 2022 Results
TORONTO, ONTARIO (May 12, 2022) – Today, Park Lawn Corporation (TSX: PLC; PLC.U) (“PLC” or the “Company”) announced its results for the first quarter (“Q1”) ended March 31, 2022. The Company had a solid performance achieving strong growth in Net Revenue, Net Earnings, Adjusted Net Earnings1, and Adjusted EBITDA1: “We are pleased with our first quarter results and performance against a very difficult comparison in the first quarter of 2021. As we previously predicted and communicated, we are seeing less impact from the pandemic on our businesses. Irrespective of the decline in impact, we continue to see strong operating performance from our comparable operations as well as through our active acquisition pipeline,” said J. Bradley Green, Chief Executive Officer. “Specifically,