calian technologies ltd (CLNFF) Key Developments
Calian Technologies Wins $11 Million Oil Sands Health Services Contract
Apr 20 15
Calian Technologies Ltd. announced that Calian's Health Services team has been awarded an CAD 11 million contract to provide nursing services to a major oil sands mining project in Western Canada. Calian will be providing quality nursing services in support of both the occupational and non-occupational health care requirements for this project's 5,000+ person operation. Calian will support the operational needs of the site's' Medical Centre 24 hours a day, seven days a week in accordance with the Alberta Occupational Health and Safety regulations for an isolated workforce. The contract starts May 1st, 2015 and runs for a period of five years.
Amtek Awards $15 Million Contract to Calian Technologies Ltd for the Royal Canadian Air Forces' Airworthiness Program, Gatineau, Quebec
Mar 31 15
On March 31, 2015 Calian Technologies Ltd. announced that Amtek has been awarded a contract renewal valued at $15 million for the Royal Canadian Air Forces' (RCAF) Airworthiness Program, Gatineau, Quebec. Amtek, along with subcontractor Valcom Consulting Group Inc., will be providing 40+ highly skilled engineers with training and background in aeronautics (63 different categories in four different streams) to support the RCAF in ensuring that all aerospace equipment meets all of the regulatory requirements to effectively and safely operate, also known as airworthiness, in accordance with the Aeronautics Act. The contract starts immediately and will run to March 31, 2017 and includes one additional option year.
Calian Technologies Ltd. Receives $16 Million Renewal Contract from the Department of National Defence to Provide Technical Training at CFSCE, Ontario
Mar 9 15
Calian Technologies Ltd. announced that it has been awarded a renewal contract valued at $16 million by the Department of National Defence (DND) for the provision and delivery of Technical Training at the Canadian Forces School of Communications and Electronics (CFSCE) located at CFB Kingston, Kingston, Ontario. The initial two year contract is valued at over $8 million. The contract also contains two one-year options which if exercised could increase the total value of the contract to over $16 million for the four-year period. This contract will allow Calian to continue to support training at CFSCE, a relationship that first began in 2000. Under the terms of the contract, Calian's instructors will design, develop and deliver training services as defined by the Canadian Forces Individual Training and Education System (CFITES). In addition to developing eLearning courseware for CFSCE, Calian's team will be training their personnel on such topics as DND's communications systems, network management, electronics, use and maintenance of cryptographic communications equipment as well as training linemen on the implementation of physical communications infrastructure.
Calian Technologies Ltd. Declares Quarterly Dividend, Payable March 4, 2015
Feb 4 15
Calian Technologies Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable March 4, 2015 to shareholders of record as of February 18, 2015.
Calian Technologies Ltd. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended December 31, 2014; Provides Earnings Guidance for Fiscal 2015
Feb 4 15
Calian Technologies Ltd. reported unaudited consolidated earnings results for the first quarter ended December 31, 2014. For the quarter, the company reported profit before income tax expense was CAD 3,441,000, net profit of CAD 2,468,000 or CAD 0.34 diluted per share on revenues of CAD 56,000,000 against profit before income tax expense was CAD 3,736,000, net profit of CAD 2,776,000 or CAD 0.38 diluted per share on revenues of CAD 51,802,000 for the same period a year ago. Net cash used in operating activities of CAD 7,881,000 against net cash from operating activities was CAD 364,000 for the same period a year ago. Equipment and application software expenditures were CAD 2,277,000 against CAD 175,000 a year ago. Adjusted net profit was CAD 2,735,000 or CAD 0.37 basic and diluted per share against CAD 2,776,000 or CAD 0.38 basic and diluted per share a year ago. EBITDA was CAD 4,357,000 against CAD 4,066,000 a year ago. Profit before interest income and income tax expense was CAD 3,398,000 against CAD 3,662,000 a year ago.
The company expects revenues for fiscal 2015 to be in the range of CAD 235 million to CAD 265 million, net profit per share in the range of CAD 1.35 to CAD 1.65 per share and adjusted net profit in the range of CAD 1.50 to CAD 1.80 per share.