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November 27, 2015 5:13 PM ET


Company Overview of Ovivo Inc.

Company Overview

Ovivo Inc. provides water, wastewater, and ultra-pure water treatment equipment and solutions for energy, municipal, and electronics markets. The company offers boiler feed water treatment, cooling water treatment, filtration, condenser/cooling water circuit optimization, condensate polishing, flue gas desulfurization wastewater treatment, and transformer oil treatment products, as well as chemical solutions for power market; and boiler feed water treatment, raw water intake, heat exchanger/condenser optimization, process/wastewater treatment products, and chemical solutions for the petrochemical market. It also provides seawater injection, potable water distribution, process water treatment...

2001 McGill College Avenue

Suite 2100

Montréal, QC H3A 1G1


Founded in 1975

800 Employees





Key Executives for Ovivo Inc.

Chief Executive Officer, President and Non Independent Director
Age: 47
Total Annual Compensation: $453.2K
Founder and Executive Chairman
Age: 74
Total Annual Compensation: $316.6K
Chief Financial Officer and Vice President of Finance
Total Annual Compensation: $236.2K
President of GL&V Pulp and Paper Group
Total Annual Compensation: $321.3K
Vice President of Electronics
Age: 49
Total Annual Compensation: $450.0K
Compensation as of Fiscal Year 2015.

Ovivo Inc. Key Developments

Ovivo Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter Ended September 30, 2015; Provides Revenue Guidance for the Fiscal Year Ending March 31, 2016

Ovivo Inc. announced unaudited consolidated earnings results for the second quarter ended September 30, 2015. The company reported net earnings attributable to shareholders for the second quarter of fiscal 2016 of $1.1 million or $0.03 per share, basic and diluted. The return to profitability was driven by revenues and adjusted EBITDA of $83.4 million and $3.7 million, respectively, both up from $79.1 million and $3.6 million, respectively, for the same quarter of the previous fiscal year. The Corporation also benefited from a favourable foreign exchange effect during the second quarter. During the second quarter of fiscal 2016, revenues rose 6% from the same period of the previous fiscal year (marking an organic change at constant exchange rates of -7%) mostly due to growth in the Municipal North America market and 13% organic growth in the Upgrading, Parts and Services market in three geographic regions, which accounts for over 30% of consolidated revenues in the second quarter of fiscal 2016. This growth was partly offset by lower new equipment sales in the Electronics market in North America, as revenues in that market for the second quarter of fiscal 2015 were particularly high due to the performance of large contracts in the United States. The corporation's adjusted EBITDA for the three-month period ended September 30, 2015 was up slightly from the same period of the previous fiscal year. Overall profitability was bolstered by the favourable foreign exchange effect combined with satisfactory operating performance in the Energy market and the decrease in head office costs, offset by the unfavourable volume effect in the Electronics market in North America.     Based on current outlook and backlog, assuming exchange rates remain stable at current levels, revenues from continuing operations should range from $300 million to $325 million for the fiscal year ending March 31, 2016.

Ovivo Inc. to Report Q2, 2016 Results on Nov 12, 2015

Ovivo Inc. announced that they will report Q2, 2016 results at 4:01 PM, US Eastern Standard Time on Nov 12, 2015

Ovivo Inc., Q2 2016 Earnings Call, Nov 12, 2015

Ovivo Inc., Q2 2016 Earnings Call, Nov 12, 2015

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