Superior Raises Medium-Term Growth Outlook; Announces Q1 2026 Results

About this update from Superior Plus Corp

All dollar amounts are in USD unless otherwise noted and changes in performance are relative to comparable period of 2025 unless otherwise noted (1) Adjusted EBITDA, Adjusted EBTDA per share and Free Cash Flow per share are Non-GAAP Financial Measures. See "Non-GAAP Financial Measures and Ratios" section below. TORONTO, May 13, 2026--(BUSINESS WIRE)--Superior Plus Corp. ("Superior" or "the company") (TSX: SPB) today released its first quarter results for the period ended March 31, 2026. The results for the quarter saw modest growth in propane with an anticipated temporary decline in the CNG business. "We’re pleased with our first quarter performance, which reflects the commitment of our teams across North America to serving customers safely through a challenging winter," said Allan MacDonald, President and Chief Executive Officer. "In propane, we continued to modernize our operations, advancing delivery systems and technology that are improving visibility and execution across the network." The company also announced revised guidance, following the signing of multiple new agreements to provide delivered energy to hyperscale data center projects. In addition, Certarus announced plans to open a new hub in Salt Lake City, Utah. "In CNG, we are seeing unprecedented growth in the total addressable market for delivered energy across North America," continued MacDonald. "The more than $350 million in contracts signed in the past 9 months represents the largest period of contract commitments in Certarus’ history. Delivered energy is now well established as an important enabler of hyperscale data center development, and Certarus is the market leader, providing safe, scalable solutions to customers across all geographies." Segmented Information Updated Outlook Propane Distribution Results and Superior Delivers (changes in performance are relative to the same period of 2025) CNG Results (changes in performance are relative to the same period in 2025) Common Share Repurchases Quarterly Dividend Debt, Leverage and the Preferred Shares Outstanding MD&A and Financial Statements Superior’s MD&A and the unaudited condensed Consolidated Financial Statements as at and for the quarter ended March 31, 2026, provide a detailed explanation of Superior’s operating results. These documents are available ...

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