Calian Wins $10 Million City of Toronto Professional Services Contract
Jun 22 15
Calian Technologies Ltd. announced that its IT Professional Services line has been awarded a contract worth approximately $10 million to provide the City of Toronto with a Time Attendance and Scheduling (TAS) system; SAP Human Capital Management (HCM) modernization and a Cross Application Time Sheet (CATS) implementation. Calian will be delivering this project over an 18 month period. Deploying and managing a diverse workforce governed by collective agreements and service commitments is a complex task. Calian is well-positioned to provide the City of Toronto with a modern, flexible and efficient system to manage the staff hours of City employees given its proven track record in the successful delivery of complex multi-party, enterprise-wide programs.
Calian Technologies Ltd. Declares Quarterly Dividend, Payable on June 3, 2015
May 6 15
Calian Technologies Ltd. declared a quarterly dividend of $0.28 per share. The dividend is payable June 3, 2015 to shareholders of record as of May 20, 2015. Dividends paid by the corporation are considered eligible dividend for tax purposes.
Calian Technologies Ltd. Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended March 31, 2015; Provides Earnings Guidance for the Full Year of 2015
May 6 15
Calian Technologies Ltd. announced consolidated unaudited earnings results for the second quarter and six months ended March 31, 2015. For the quarter, the company reported revenues of CAD 61,042,000 compared with CAD 51,186,000 for the same period a year ago. Profit before interest income and income tax expense was CAD 3,046,000 compared with CAD 3,089,000 for the same period a year ago. Profit before income tax expense was CAD 3,062,000 compared with CAD 3,155,000 for the same period a year ago. Net profit was CAD 2,208,000 or CAD 0.30 per basic and diluted share compared with CAD 2,364,000 or CAD 0.32 per basic and diluted share for the same period a year ago. EBITDA for the second quarter was CAD 4.0 million, compared to CAD 3.5 million in the same quarter of the previous year.
For the six months, the company reported revenues of CAD 117,042,000 compared with CAD 102,988,000 for the same period a year ago. Profit before interest income and income tax expense was CAD 6,444,000 compared with CAD 6,751,000 for the same period a year ago. Profit before income tax expense was CAD 6,503,000 compared with CAD 6,891,000 for the same period a year ago. Net profit was CAD 4,676,000 or CAD 0.64 per basic and diluted share compared with CAD 5,140,000 or CAD 0.70 per basic and diluted share for the same period a year ago. Cash used in operating activities was CAD 6,637,000 compared with CAD 249,000 for the same period a year ago. Equipment and application software expenditures was CAD 2,409,000 compared with CAD 242,000 for the same period a year ago. EBITDA for the six-month period ended March 31, 2015 was CAD 8.3 million, compared to CAD 7.6 million in the prior year.
The company provided earnings guidance for the full year of 2015. Based on currently available information and assessment of the marketplace, 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 1.30 to CAD 1.55 per share and adjusted net profit in the range of CAD 1.45 to CAD 1.70 per share.
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.