Business
Mullen Group Ltd. Announces 2025 Fourth Quarter Financial Results and Filing of Disclosure Documents
OKOTOKS, Alberta, Feb. 12, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation"), one of Canada's largest logistics providers today reported its financial and operating results for the period ended December 31, 2025, with comparisons to the same period last year. Full details of our results may be found within our 2025 Financial Review, which is available on the Corporation's issuer profile on SEDAR+ at www.sedarplus.ca or on our website at
About this update from Mullen Group Ltd.
OKOTOKS, Alberta, Feb. 12, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation"), one of Canada's largest logistics providers today reported its financial and operating results for the period ended December 31, 2025, with comparisons to the same period last year. Full details of our results may be found within our 2025 Financial Review, which is available on the Corporation's issuer profile on SEDAR+ at www.sedarplus.ca or on our website at www.mullen-group.com. "The fourth quarter was, in many respects, like previous quarters in 2025. Incremental revenues from acquisitions accounted for all of the increase in revenues. We identified this trend as the only plausible way to grow when the Canadian economy was underperforming, the lack of capital investment by the private sector remained a significant headwind, and the consumer continued to struggle from the after-effects of inflation and the rise in the cost of basic needs. We were fortunate to have two very good opportunities presented in 2025, which we completed because we had the balance sheet to complete the transactions. These new additions drove the revenue increase in 2025. More importantly, they will be valuable contributors to our expanding network of well-managed Business Units in our organization for many years," commented Mr. Murray Mullen, Chair and Senior Executive Officer. "At the Mullen Group, we have a diversified portfolio of independently managed Business Units operating in multiple sectors of the economy, providing a set of real-time data points on the health and direction of the overall economy. From our perspective, we continued to witness a soft economy with overall demand remaining below prior year levels accompanied by a downward pressure on rates. Given this reality, our Business Units struggled to maintain margins, which is reflected in our overall operating results throughout 2025. It was not an easy year to navigate, and I know first-hand that the more than 8,500 trusted people in our group worked diligently to manage through the challenging situation. Their efforts did not result in improved results last year, but I am convinced it will when the economy rebounds. It is only a matter of time," added Mr. Mullen. Fourth Quarter Highlights Fourth Quarter Commen...