Press Releases

Park Lawn Corporation (TSX: PLC) (“PLC”) today announced results for the fourth quarter and year‐ended December 31, 2016. The results show significant revenue growth with a year‐over‐year increase of 137.6%. Net earnings attributed to PLC shareholders increased by 151.8% with a fully diluted per share amount of $0.939 for 2016. Adjusted Net Earnings (excluding certain non‐cash, non‐recurring, or one time income or expense items) increased by 52.6%.

Today, Park Lawn Corporation (TSX: PLC) (“PLC”) announced that is has completed the purchase of two funeral homes, a crematorium and a discount funeral operation in the Okanogan Valley of British Columbia. The purchase continues PLC’s expansion in Canada and the US.

Today, Park Lawn Corporation (TSX: PLC) (“PLC”) announced the purchase of four funeral home operations in Ontario, as part of a series of acquisitions over the last 12 months as PLC continues to expand its portfolio of assets in Canada and the US. The deal will add four funeral homes in Barrie, Simcoe County & the District of Muskoka.

Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) today announced its financial results for the three‐months ending September 30, 2016 (“Q3 2016”). Net earnings attributable to PLC shareholders was down from $907,335 for the same period in 2015 (“Q3 2015”) to $749,505 and net earnings per share attributable to PLC shareholders (“EPS”) was down from $0.157 in Q3 2015 to $0.094 in Q3 2016.

Park Lawn Corporation (TSXV: PLC) (“PLC”) today announced its financial results for the three-months ending June 30, 2016 (“Q2”) which shows a year-over-year increase in revenue of 172.8% and earnings from operations of 71.2% respectively, driven in large part from the acquisition of Midwest Memorial Group (“MMG”) in March 2016.

Park Lawn Corporation (TSXV: PLC) (“PLC”) today announced its financial results for the three-month period ending March 31, 2016 (“Q1”) showing significant improvements in operating results with a year‐over‐year revenue growth of 58.3%.

Park Lawn Corporation (TSXV: PLC) (“Park Lawn Corp.”) today announced results for the fourth quarter and year‐ended December 31, 2015. The results show significant improvements in operating results with a year‐over‐year revenue increase of 18.9%. Earnings from continuing operations, before expenses related to business acquisitions and other incomes, increased by 48.1%.

Park Lawn Corporation (TSX VENTURE: PLC) (“Park Lawn Corp.”) today announced that it has acquired Korban Funeral Chapel, a funeral service provider in Winnipeg, Manitoba as part of a series of acquisitions by the Corporation over the last several months.

Park Lawn Corporation (TSXV:PLC) (“Park Lawn” or the “Company”) is pleased to announce that it has completed its previously announced acquisition (the “Acquisition”) of all of the outstanding membership interests of Midwest Memorial Group, LLC (“MMG”) for a purchase price of approximately US$16 million in cash, subject to customary working capital and other adjustments, plus an additional potential earn-out cash payment based on the future financial performance of MMG. With the closing of the Acquisition, the Company’s portfolio will include 26 owned cemeteries (including nine with crematoria) and two managed cemeteries, all located in the United States.

Park Lawn Corporation (TSXV: PLC) (“Park Lawn” or the “Company”) is pleased to announce that it has acquired an 80% interest in Mundell Funeral Home Limited, the leading provider of funeral services in Orillia, Ontario and surrounding areas.