Bladex (BLX) Misses Q1 EPS by 25c

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Go back to Bladex (BLX) Misses Q1 EPS by 25c

Boralex is reaping the benefits of its growth strategy and favourable wind conditions

May 8, 2019 7:01 AM EDT

Significant result growth across-the-board EBITDA(A) of $131 million ($154 million)(1), up 26% (34%) from last year.  Cash flows from operations of $101 million ($121 million), up 30% (46%) from last year. Net earnings attributable to shareholders of $26 million, up 30% from last year.Power generated by the acquired Invenergy interests 31% higher than the anticipated production(2) Comparable wind farms power production up from last year and higher than the anticipated production(2) Canada: up 8% (14%) from last year and 1% lower (8% higher) than anticipated production(2) France:... More