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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

January 11, 2022

Chandos Construction and Bird Construction Announce Three-Year Strategic Partnership for Building Good

COMPANY: BIRD CONSTRUCTION INC.; CHANDOS CONSTRUCTION
LISTING: TORONTO STOCK EXCHANGE
SYMBOL: BDT
DATE: JANUARY 11, 2022
SUBJECT:  CHANDOS CONSTRUCTION AND BIRD CONSTRUCTION ANNOUNCE THREE-YEAR STRATEGIC PARTNERSHIP FOR BUILDING GOOD 

Chandos Construction Inc. (“Chandos”) and Bird Construction Inc. (“Bird”) are pleased to announce they have entered into a three-year strategic partnership for the Building Good initiative (“Building Good”). Established in 2021, Building Good is a thought leadership initiative that aims to catalyze owners and industry partners to change the way the architecture, engineering, and construction (“AEC”) industry designs and builds for the betterment of people and the planet.

Through this partnership, Chandos and Bird will drive sustainable change through the promotion, discussion, and execution of Building Good’s three focus areas –Industry Transformation, Equity and Inclusion, and Sustainability

“Every business can and should make the world a better place. The construction industry in particular has a significant opportunity to take the lead. At Chandos, our business model is built on this very belief. Some of the ways we put this into practise is by partnering with social enterprises, hiring at risk youth and diverse talent, and by working towards a net zero future,” said Tim Coldwell, President, Chandos. “The Building Good community is another important channel for us to connect with businesses that share these same goals and ambitions. Together, we can be forces for good.”     

“Bird strives to positively impact the communities in which we live and work and we are excited for this opportunity to promote meaningful change across our industry through the Building Good initiative,” said Gilles Royer, Chief Operating Officer of Bird. “Building Good aligns to our approach of maximizing social and environmental impact, which is rooted in our four ESG pillars of build green, live green, work green, and a commitment to governance. Our ESG pillars have a natural alignment with Building Good, its three focus areas, and its vision of driving positive change in our industry.” 

Through Building Good’s key channels, including the Building Good blog and podcast, partners and industry guests will discuss AEC’s biggest challenges, innovative solutions, and the opportunities that these changes bring AEC organizations, government, and the public. Learn more on BuildingGood.ca.

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 Chandos Construction
Established in 1980, Chandos Construction has become one of North America’s most collaborative and innovative commercial builders. Employing 600 field and office staff in Calgary, Edmonton, Kelowna, Ottawa, Red Deer, Toronto, and Vancouver – Chandos is 100 per cent employee owned. It is also the first and largest B Corp Certified commercial builder in North America.

Chandos is a pioneer in integrated project delivery (IPD) and collaborative construction. The organization is committed to social procurement and is committed to investing at least five per cent of its addressable spend to social impact organizations by 2025.

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, institutional, and civil infrastructure 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

About Building Good
Building Good is a thought leadership initiative where industry and community members come together to encourage conversations and promote change in the architecture, engineering, and construction (“AEC”) industry. Building Good exists to educate and advocate for change. Through every connection we make, conversation we have, and plan of action we put into place, we know progress is possible. The three main areas of focus include innovative changes, building purpose, and building together to foster a community space for dialogue, innovation, and change for good.

For further information contact:
Building Good
hello@buildinggood.ca
Phone: 780.229.1823


 

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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