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Building Long-Term Shareholder Value

Bird (TSX:BDT) is a leading Canadian construction company operating from coast-to-coast and servicing all of Canada’s major markets. Bird provides a comprehensive range of construction services from new construction for industrial, commercial, and institutional markets; to industrial maintenance, repair and operations services, heavy civil construction, and mine support services; as well as vertical infrastructure including, electrical, mechanical, and specialty trades. For over 100 years, Bird has been a people-focused company with an unwavering commitment to safety and a high level of service that provides long-term value for all stakeholders.

 

Financial Highlights

$2.8B


Revenue
FY 2023

 

$3.4B


Backlog[1]
Dec. 31, 2023

$71.5M


Net Income
FY 2023


$138.7M


Adj. EBITDA[2]
FY 2023

$74.2M


Adj. Earnings[2]
FY 2023


$792.1M


Revenue
Q4 2023


 


$3.0B


Pending Backlog[1] 
Dec. 31, 2023

 

$1.33


EPS
FY 2023


 


5.0%


Adj. EBITDA Margin[2]
FY 2023

 

$1.38


Adj. EPS[2]
FY 2023


 



Latest Press Releases

October 04, 2021

Bird Construction Inc. Announces Award of the Ontario Power Generation Clarington Corporate Campus Project

COMPANY: BIRD CONSTRUCTION INC.
LISTING: TORONTO STOCK EXCHANGE
SYMBOL: BDT
DATE: OCTOBER 4, 2021
CITY: MISSISSAUGA
SUBJECT: BIRD CONSTRUCTION INC. ANNOUNCES AWARD OF THE ONTARIO POWER GENERATION CLARINGTON CORPORATE CAMPUS PROJECT

Bird Construction Inc. (“Bird”) announced today that it has been awarded the first phase of the Engineering, Procurement, and Construction (“EPC”) contract with early collaborative contractor involvement for the Ontario Power Generation (“OPG”) Clarington Corporate Campus Project (the “Project”).

This project will establish a new corporate headquarters on a campus setting in the Municipality of Clarington located within the Durham Region of Ontario. The Clarington Corporate Campus is a significant undertaking that will provide more than just a place to work; it will offer a thoughtful environment designed to connect expertise, enhance collaboration, empower innovation, and support hundreds of working professionals from OPG's non-station-based positions. The Project is divided into three phases to reflect the design's progressive nature, and ensure the cost estimate, schedule forecast, and project planning are sufficiently advanced before construction.

Through a proven and extensive history in the design and construction of facilities of similar size and complexity, Bird has assembled an innovative team with industry-leading design and engineering firms to bring this project to life. Our team’s project delivery capabilities and performance, including our safety record, were key to being selected and we will work in collaboration with OPG towards the successful completion of this Project. Bird’s strong suite of capabilities will be leveraged over the duration of the project.

Construction is expected to begin in 2022, with completion in 2024. Once complete, the campus will consolidate non-station staff from existing OPG offices across the Greater Toronto Area, Niagara, and Durham Region. Designs for the campus will include optimization of building performance, energy conservation, and other sustainable building features to align with OPG’s goal to create a low carbon and environmentally sustainable corporate campus.

“We are very proud to be selected as the key partner on this substantial and important project for Ontario Power Generation. Bird is looking forward to delivering this project in collaboration with its partners and OPG to successfully meet client goals as well as employ innovative and sustainable project solutions,” said Teri McKibbon, President and CEO of Bird. “I am pleased to see another significant project added to our portfolio in the Ontario market, especially one that embodies the core priorities of our strategic plan including sustainable solutions, collaborative contracting and leveraging expertise from our combined team while supporting our drive for consistent earnings and geographical diversification.”

This press release contains forward-looking information (as defined in applicable Canadian securities legislation) that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance, or achievements to materially differ from those expressed or implied by the forward-looking information.

The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.


For further information contact:
T.L. McKibbon, President & CEO or
W.R. Gingrich, CFO
Bird Construction Inc.
5700 Explorer Drive, Suite 400
Mississauga, ON L4W 0C6
Phone: (905) 602-4122

About Bird Construction
Bird (TSX:BDT) is a leading Canadian construction company operating from coast-to-coast and servicing all of Canada’s major markets. Bird provides a comprehensive range of construction services from new construction for industrial, commercial, and institutional markets; to industrial maintenance, repair and operations services, heavy civil construction, and mine support services; as well as vertical infrastructure including, electrical, mechanical, and specialty trades. For over 100 years, Bird has been a people-focused company with an unwavering commitment to safety and a high level of service that provides long-term value for all stakeholders. www.bird.ca

 

Events

  • Bird Q1 2024 Earnings Call

    Dates: 15 – 15 May, 2024
    View Materials
    COMPANY: BIRD CONSTRUCTION INC.
    LISTING: TORONTO STOCK EXCHANGE
    CITY: MISSISSAUGA
    SYMBOL: BDT
    DATE: APRIL 11, 2024
    SUBJECT: BIRD CONSTRUCTION INC. ANNOUNCES RELEASE DATE AND CONFERENCE CALL FOR 2024 FIRST QUARTER FINANCIAL RESULTS

    Bird Construction Inc. (TSX: BDT) announced today that it will release its 2024 first quarter financial results after market close on Tuesday, May 14, 2024. A conference call and live webcast to discuss the results will be held on Wednesday, May 15, 2024 at 10:00 a.m. (ET).

    Teri McKibbon, President and Chief Executive Officer, and Wayne Gingrich, Chief Financial Officer, will host the call.

    Participants are invited to register for expedited access to the conference call: Registration Link

    • Upon registering, dial in details appear on screen and you will receive a calendar booking by email. Joining the call this way will bypass the operator and avoid any queue. Registration will remain open until the end of the conference call.
    • If you prefer to speak with an operator, dial Canada/USA Toll Free: 1-844-763-8274. It is recommended that you call in 10 minutes prior to the scheduled start time if you are using an operator-assisted phone number.

    The live webcast will be held at: https://services.choruscall.ca/links/bird2024q1.html

    The accompanying presentation of the 2024 first quarter financial results call and all related financial documents will be available after market close on Tuesday, May 14, 2024 at https://www.bird.ca/investors.

    The Toronto Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.

    For further information contact:
    T.L. McKibbon, President & CEO or
    W.R. Gingrich, CFO
    Bird Construction Inc.
    5700 Explorer Drive, Suite 400
    Mississauga, ON L4W 0C6
    Phone: (905) 602-4122
    investor.relations@bird.ca

    About Bird Construction

    Bird (TSX: BDT) is a leading Canadian construction and maintenance company operating from coast-to-coast-to-coast. Servicing all of Canada's major markets through a collaborative, safety-first approach, Bird provides a comprehensive range of construction services, self-perform capabilities, and innovative solutions to the industrial, buildings, and infrastructure markets. For over 100 years, Bird has been a people-focused company with an unwavering commitment to safety and a high level of service that provides long-term value for all stakeholders. www.bird.ca

     
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Q4 and Full-Year 2023 Financial Highlights

 

Corporate Governance Framework

The Board of Directors and the management of Bird are committed to a strong corporate governance framework. Our corporate governance policies and practices are intended to ensure the interests of our stakeholders are at the center of all decisions we make.

  • A strong culture of ethical conduct
  • Recognition of the benefits of promoting Board diversity
  • Whistleblower Policy
  • Regular in-camera meetings, without officers and management present
  • Regular performance evaluations

91%

Independent Board Members

27%

Bird's Directors are Women


Whistleblower Policy and Ethics Hotline

At Bird, we are committed to the highest levels of ethics and integrity in the way we do business, including as set out in our Code of Ethics.

Every Bird employee and stakeholder plays a role in maintaining Bird’s ethical standards, and in ensuring the Bird business and reputation remains one of quality work and trustworthy operations. To support Bird’s ethical standards, and Bird’s Code of Ethics, the organization has a Whistleblower Policy and Ethics Hotline for stakeholders to report behaviours that are not aligned to Bird’s Code of Ethics.

Bird’s Whistleblower Policy

Business Conduct and Ethics Expectations for Suppliers and Subcontractors

Bird’s Whistleblower Policy outlines how Bird stakeholders can safely express concerns related to unethical conduct and behaviour. Reports can be made through several channels, including Bird’s Ethics Hotline, which is available 24/7 and is monitored by an independent, third-party organization that specializes in supporting Whistleblower policies and ethics reporting.

To report a concern anonymously under Bird’s Whistleblower Policy, visit our independent, third-party Ethics Hotline.


ATB Capital Markets Inc.              
Chris Murray    
416.520.0267              
cmurray@atb.com 

Laurentian Bank Securities Inc.             
Jonathan Lamers
416.577.1755          
lamersj@lb-securities.ca   

STIFEL | GMP              
Ian Gillies    
416.943.6108              
ibgillies@stifel.com

Canaccord|Genuity                 
Yuri Lynk                      
514.844.3708              
ylynk@cgf.com

National Bank Financial         
Maxim Sytchev          
416.869.5617              
maxim.sytchev@nbc.ca

TD Securities              
Michael Tupholme    
416.307.9389              
michael.tupholme@tdsecurities.com

CIBC World Markets              
Jacob Bout    
416.956.6766              
jacob.bout@cibc.com   

Raymond James Ltd.              
Frederic Bastien         
604.659.8232              
frederic.bastien@raymondjames.ca


Contact

Teri McKibbon, President & CEO
Wayne Gingrich, CFO

Telephone: 905.602.4122

For additional company information about Bird, visit www.sedar.com
For additional company information about Stuart Olson, visit  www.sedar.com 

Contact us at investor.relations@bird.ca

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