February 17, 2018 9:12 PM ET

Transportation Infrastructure

Company Overview of 407 International Inc.

Company Overview

407 International Inc., through its subsidiary, 407 ETR Concession Company Limited, operates, maintains, and manages Highway 407 in Canada. The Highway 407 is an all-electronic toll highway that stretches 108 kilometers from Burlington to Pickering that connects to seven other freeways. The company was founded in 1993 and is based in Woodbridge, Canada.

6300 Steeles Avenue West

Woodbridge, ON L4H 1J1

Canada

Founded in 1993

Key Executives for 407 International Inc.

Chief Executive Officer, President and Director
Chief Financial Officer and Corporate Secretary
Chief Customer Operations Officer
Chief Information Officer
Vice President of Marketing, Communications and Government Relations
Compensation as of Fiscal Year 2017.

407 International Inc. Key Developments

407 International Inc. Reports Unaudited Earnings and Operating Results for the Fourth Quarter and Full Year Ended December 31, 2017

407 International Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported revenues of $327.3 million compared to $297.3 million a year ago. Income before tax was $156.1 million compared to $132.9 million a year ago. Net income was $114.9 million compared to $98.0 million a year ago. For the full year, the company reported revenues of $1,267.7 million compared to $1,134.7 million a year ago. Income before tax was $639.6 million compared to $507.3 million a year ago. Net income was $470.1 million compared to $372.9 million a year ago. Earnings before interest, taxes, depreciation and amortization totaled $1,103.8 million as compared with $985.0 million for 2016. For the quarter, the company reported total trips of 32,126,000 against 31,694,000 a year ago. Average workday number of trips was 422,860 against 416,928 a year ago. Total vehicle kilometers were 688,887,000 against 674,644,000 a year ago. For the full year, the company reported total trips of 125,738,000 against 124,507,000 a year ago. Average workday number of trips was 413,381 against 408,213 a year ago. Total vehicle kilometers were 2,708,588,000 against 2,640,770,000 a year ago.

407 International Inc. Declares Dividend on Common Share, Payable on or About February 15, 2018

The Board of Directors of 407 International Inc. declared an eligible dividend of $0.292 per common share, payable on or about February 15, 2018 to shareholders of record on February 15, 2018.

407 International Inc. to Report Q4, 2017 Results on Feb 15, 2018

407 International Inc. announced that they will report Q4, 2017 results at 2:00 PM, US Eastern Standard Time on Feb 15, 2018

Similar Private Companies By Industry

Company Name Region
407 ETR Concession Company Limited Americas
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Aéroport de Québec inc. Americas

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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