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Superior Announces First Quarter Results with Record Adjusted EBITDA
All dollar amounts are in USD unless otherwise noted and changes in performance are relative to f...
About this update from Superior Plus Corp
[{"type":"text","content":"Superior Announces First Quarter Results with Record Adjusted EBITDA\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl2 { padding-left: 10px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth11 { width: 11% }\n.bwwidth2 { width: 2% }\n.bwwidth68 { width: 68% }\n.bwwidth75 { width: 75% }\n \n\n\n\n All dollar amounts are in USD unless otherwise noted and changes in performance are relative to first quarter 2024 unless otherwise noted\n \n\n\n Record first quarter Adjusted EBITDA\n \n (1)\n \n of $260.5 million increased 11%\n \n\n Adjusted EBTDA per share\n \n (1)\n \n of $0.89 increased 19% driven by strong results and lower shares outstanding\n \n\n Adjusted Net Earnings per share\n \n (1)\n \n of $0.66 increased 32%\n \n\n Free Cash Flow per share\n \n (1)\n \n of $0.94 increased 54%\n \n\n Initial results from\n \n Superior Delivers\n \n are progressing as expected and contributed $2.3 million to Adjusted EBITDA\n \n (1)\n \n\n\n The Compressed Natural Gas Distribution (“CNG”) business achieved a record quarter with Adjusted EBITDA of $55.1 million, an increase of 7%\n \n\n Returned more than $35 million to common shareholders through dividends and share repurchases, including the repurchase of approximately 2.6% of the outstanding public float.\n \n\n\n\n (1)\n \n Adjusted EBITDA, Adjusted EBTDA per share, Adjusted Net Earnings per share and Free Cash Flow per share are Non-GAAP Financial Measures. See “Non-GAAP Financial Measures and Ratios” section below.\n \n\n\n\n Superior Plus Corp. (“\n \n Superior\n \n ” or “\n \n the company\n \n ”) (TSX: SPB) today released its first quarter results for the period ended March 31, 2025.\n \n\n “We delivered record first quarter results and are pleased with the strong star...