Derek Beard, Author at Park Lawn Corporation

Park Lawn Corporation Finishes 2021 Strong and Announces New Aspirational Growth Targets

March 4, 2022

TORONTO, ONTARIO (March 3, 2022) – Today, Park Lawn Corporation (TSX: PLC; PLC.U) (“PLC” or the “Company”) announced its results for the fourth quarter (“Q4”) and year ended December 31, 2021. The Company finished the year with a solid performance achieving strong growth in Net Revenue, Net Earnings and Adjusted Net Earnings1: “A solid fourth quarter capped yet another strong year of financial performance and growth at PLC. As anticipated, we continued to see a lessening effect of COVID-19 year-over-year in the communities we serve; however, we still had strong earnings growth over a very difficult comparable with the fourth quarter of 2020. We attribute this to our frontline team’s ability to continue to meet the evolving needs of our

Park Lawn Corporation Announces Release of its Fourth Quarter 2021 Financial Results and Earnings Conference Call

February 18, 2022

TORONTO, ONTARIO/February 18, 2022/ACCESSWIRE – Park Lawn Corporation (TSX: PLC, PLC.U) (“PLC”) announced today that it will release its financial results for the fourth quarter 2021 on Thursday, March 3, 2022. PLC will host a conference call at 9:30 a.m. (EST) on Friday, March 4, 2022 to discuss its financial results for the fourth quarter 2021. Details of the conference call are as follows: Date: Friday, March 4, 2022 Time: 9:30 a.m. EST Dial-in Number: Toll Free (888) 506-0062 | Conference ID: 490276 To ensure your participation, please join approximately five minutes prior to the scheduled start of the conference call. About Park Lawn Corporation PLC provides goods and services associated with the disposition and memorialization of human remains. Products

Park Lawn Corporation to Participate in 25th Annual CIBC Western Institutional Investor Conference and Provides Update on Previously Disclosed EBITDA Growth Target

January 18, 2022

TORONTO, ONTARIO/January 18, 2022/ACCESSWIRE – Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) announced that it intends to participate in the 25th Annual CIBC Western Institutional Investor Conference on Wednesday, January 19 and Thursday, January 20, 2022. In advance of the conference, the Company has updated the investor presentation on the Company’s website. The updated investor presentation discloses that, before considering the impact of any potential future acquisitions, the Company expects to modestly exceed its previously disclosed aspirational growth target of $100 million in pro forma Adjusted EBITDA by the end of 2022. The updated investor presentation is located under the “Investors” tab on the Company’s website at www.parklawncorp.com. About Park Lawn Corporation PLC provides goods and services associated with the

Park Lawn Corporation Completes Acquisition of Smith Businesses

November 15, 2021

Acquisition Expands Presence into Eastern Tennessee TORONTO, ON/ACCESSWIRE/ November 15, 2021 – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that it has completed the previously announced acquisition of substantially all of the assets of Smith Funeral & Cremation Service, Life & Legacy Cremation Center and Smith Event Centers, as well as Grandview Cemetery and Cremation by Grandview (collectively the “Smith” businesses), comprised of one funeral home, one combination funeral home and cemetery property and five event centers in Maryville, Tennessee. “For nearly 60 years, the Smith businesses have set out to honor the life and legacy of each and every family we serve through meaningful experiences. We are dedicated to professional excellence and are excited to join

Park Lawn Corporation Continues Excellent Operating Trends with Q3 2021 Results

November 12, 2021

TORONTO, ONTARIO (November 11, 2021) – Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) announced its results for the third quarter (“Q3”) ended September 30, 2021. PLC once again demonstrated its operating strength and ability to achieve sustained growth. The Company experienced measurable growth in net revenue, net earnings, Adjusted Net Earnings, Adjusted EBITDA, and Adjusted EBITDA margin: J. Bradley Green, Chief Executive Officer of PLC, stated: “The third quarter exceeded our expectations, especially given the continued decline of COVID-19 deaths served by our businesses. Despite this, we saw an increase in the number of families that we served in our comparable businesses in both our funeral homes and cemeteries. Likewise, we continued to see an increase in the

Park Lawn Third Quarter 2021 Financial Results Released on Thursday, November 11, 2021 and Earnings Conference Call on Friday, November 12, 2021 at 9:30 a.m. (EST)

October 29, 2021

TORONTO, ONTARIO – (October 29, 2021) – Park Lawn Corporation (TSX: PLC) (“PLC”) announced today that it will release its third quarter financial results for 2021 on Thursday, November 11, 2021. PLC will host a conference call at 9:30 a.m. (EST) on Friday, November 12, 2021 to discuss its Q3 2021 financial results. Details of the conference call are as follows: Date: Friday, November 12, 2021 Time: 9:30 a.m. EST Dial-in Number: Toll Free (888) 506-0062 | Conference ID: 622285 To ensure your participation, please join approximately five minutes prior to the scheduled start of the conference call. About Park Lawn Corporation PLC provides goods and services associated with the disposition and memorialization of human remains. Products and services are

Park Lawn Corporation Completes Acquisition of Pugh Funeral Homes and New Hope Memorial Gardens

October 27, 2021

TORONTO, October 25, 2021/CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that it has completed the previously announced acquisition of substantially all of the assets of Pugh Funeral Homes and New Hope Memorial Gardens (collectively “Pugh”), a business consisting of five funeral homes and one cemetery located in central North Carolina. “The Pugh businesses are pillars of their respective communities and strategically complement our existing North Carolina portfolio. We are excited to have the Pugh businesses join the PLC family to carry on their reputational excellence for years to come,” stated J. Bradley Green, Chief Executive Officer of PLC. About Park Lawn Corporation: PLC provides goods and services associated with the disposition and memorialization of human

Park Lawn Corporation Announces October 2021 Dividend

October 22, 2021

TORONTO, ONTARIO – (October 22, 2021) – Park Lawn Corporation (TSX:PLC) (“PLC”) announced today that the monthly dividend of $0.038 per share will be payable on November 15, 2021 to shareholders of record as at October 29, 2021. PLC offers a Dividend Reinvestment Plan (“DRIP”) which allows eligible shareholders of PLC to reinvest their cash dividends into additional common shares of PLC, which will be issued from treasury (or purchased on the open market) on the applicable dividend payment date. If common shares are issued from treasury, the price at which such common shares are issued will be the volume weighted trading price of PLC’s common shares over the five business days immediately preceding such dividend payment date less a discount,

PLC Continues its Strategic Expansion

October 14, 2021

Reaffirming its Commitment to Growth in North Carolina and Tennessee TORONTO, October 14, 2021/CNW/ – Park Lawn Corporation (TSX: PLC) (“PLC”) is pleased to announce that it has entered into a definitive agreement to acquire substantially all of the assets of Pugh Funeral Homes and New Hope Memorial Gardens (collectively “Pugh”), a business consisting of five funeral homes and one cemetery located in central North Carolina. The transaction is anticipated to close prior to the end of the month following the receipt of regulatory approval. PLC is also excited to announce that it has entered into a definitive agreement to acquire substantially all of the assets of Smith Funeral & Cremation Service, Life & Legacy Cremation Center and Smith Event

Park Lawn Corporation Announces Successful Closing of Common Share Offering for Gross Proceeds of Approximately C$148.5 Million, Including Full Exercise of Over-Allotment Option

September 3, 2021

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. TORONTO, ONTARIO (September 3, 2021) – Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company“) is pleased to announce that it has completed its previously announced public offering of common shares (the “Common Shares“) with a syndicate of underwriters co-led by Scotiabank and National Bank Financial Inc., and including CIBC Capital Markets, Cormark Securities Inc., RBC Capital Markets, TD Securities Inc., Acumen Capital Finance Partners Limited, Stifel GMP and Paradigm Capital Inc., on a “bought deal” basis. A total of 4,081,000 Common Shares were issued at a price of C$36.40 per Common Share for total gross proceeds of approximately C$148.5 million (the “Offering“), which includes proceeds from

Author: Derek Beard

Press Releases

Park Lawn Corporation Finishes 2021 Strong and Announces New Aspirational Growth Targets

Park Lawn Corporation Announces Release of its Fourth Quarter 2021 Financial Results and Earnings Conference Call

Park Lawn Corporation to Participate in 25th Annual CIBC Western Institutional Investor Conference and Provides Update on Previously Disclosed EBITDA Growth Target

Park Lawn Corporation Completes Acquisition of Smith Businesses

Park Lawn Corporation Continues Excellent Operating Trends with Q3 2021 Results

Park Lawn Third Quarter 2021 Financial Results Released on Thursday, November 11, 2021 and Earnings Conference Call on Friday, November 12, 2021 at 9:30 a.m. (EST)

Park Lawn Corporation Completes Acquisition of Pugh Funeral Homes and New Hope Memorial Gardens

Park Lawn Corporation Announces October 2021 Dividend

PLC Continues its Strategic Expansion

Park Lawn Corporation Announces Successful Closing of Common Share Offering for Gross Proceeds of Approximately C$148.5 Million, Including Full Exercise of Over-Allotment Option

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