Category: Uncategorized

Press Releases

Park Lawn Fourth Quarter 2022 Financial Results Released on Thursday, March 2, 2023 and Earnings Conference Call on Friday, March 3, 2023 at 9:30 a.m. (EST)

TORONTO, ONTARIO – (February 22, 2023)  – Park Lawn Corporation (TSX:PLC, PLC.U) (“PLC”)  announced today that it will release its fourth quarter financial results for 2022 on Thursday, March 2, 2023.  PLC will host a conference call at 9:30 a.m. (EST) on Friday, March 3, 2023 to discuss its Q4 2022 financial results.  Details of the conference call are as follows:  To ensure your participation, please join approximately five minutes prior to the scheduled start of the conference call. About Park Lawn Corporation PLC provides goods and services associated with the disposition and memorialization of human remains. Products and services are sold on a pre-planned basis (pre-need) or at the time of a death (at-need). PLC and its subsidiaries own

Park Lawn Corporation Releases Q3 2022 Results

TORONTO, ONTARIO (November 9, 2022) – Today, Park Lawn Corporation (TSX: PLC; PLC.U) (“PLC”, “Park Lawn”, or the “Company”) announced its operating results for the third quarter (“Q3”) ended September 30, 2022: “Our third quarter operating results exceeded our expectations as it relates to the comparable COVID-19 impacted quarter and in light of the anticipated and continued decline in the death rate,” stated J. Bradley Green, Chief Executive Officer. Mr. Green further commented, “We attribute this performance to the sharp focus of our operations teams. While we saw the national death rate fall sharply during the quarter, Park Lawn’s same store call volume decreased significantly less than the national average and that of our peers, demonstrating market share strength. We

Park Lawn Corporation Announces October 2021 Dividend

TORONTO, ONTARIO – (October 22, 2021) – Park Lawn Corporation (TSX:PLC) (“PLC”) announced today that the monthly dividend of $0.038 per share will be payable on November 15, 2021 to shareholders of record as at October 29, 2021. PLC offers a Dividend Reinvestment Plan (“DRIP”) which allows eligible shareholders of PLC to reinvest their cash dividends into additional common shares of PLC, which will be issued from treasury (or purchased on the open market) on the applicable dividend payment date. If common shares are issued from treasury, the price at which such common shares are issued will be the volume weighted trading price of PLC’s common shares over the five business days immediately preceding such dividend payment date less a discount,

Park Lawn Corporation Announces June 2021 Dividend

TORONTO, ONTARIO–(June 23, 2021) – Park Lawn Corporation (TSX:PLC) ( “PLC”) announced today that the monthly dividend of $0.038 per share will be payable on July 15, 2021 to shareholders of record as at June 30, 2021. PLC offers a Dividend Reinvestment Plan (“DRIP”) which allows eligible shareholders of PLC to reinvest their cash dividends into additional common shares of PLC, which will be issued from treasury (or purchased on the open market) on the applicable dividend payment date. If common shares are issued from treasury, the price at which such common shares are issued will be the volume weighted trading price of PLC’s common shares over the five business days immediately preceding such dividend payment date less a discount, if

Park Lawn Corporation Finishes 2019 with Strong Year-Over-Year Growth, Responds to COVID-19 Challenges and Appoints J. Bradley Green as Interim CEO

Exhibits continued execution of growth strategy with six acquisitions valued at approximately $180 million and successful integration of US platform  Moves towards aspirational growth target of $100 million in pro forma Adjusted EBITDA TORONTO, ONTARIO (March 30, 2020) – Today, Park Lawn Corporation (TSX: PLC) (“PLC” or the “Company”) announced its results for the fourth quarter (“Q4”) and year ended December 31, 2019. The results show strong revenue growth, with a year-over-year increase of 51.3% and an increase of 36.2% for Q4, as compared to the same period in 2018. Net Earnings attributable to PLC shareholders were $6,906,841 in 2019 compared to $6,722,456 in 2018. On a fully diluted per share basis, this represents $0.246 for 2019, as compared to $0.325