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TORONTO, Aug. 14, 2025 /CNW/ - TerraVest Industries Inc., (TSX: TVK) ("TerraVest" or the "Company") announces its results for the third quarter ended June 30, 2025 and the declaration of its quarterly dividend.
THIRD QUARTER AND NINE MONTHS REVIEW AND OUTLOOK
Business Performance
Management believes that there are certain non‐IFRS financial measures that can be used to assist shareholders in analyzing the performance of TerraVest. The table below highlights certain financial results and reconciles net income to Adjusted earnings before interests, income taxes, depreciation and amortization ("Adjusted EBITDA") for the third quarter and nine months ended June 30, 2025 and the comparative periods in fiscal 2024.
TORONTO, May 14, 2025 /CNW/ - TerraVest Industries Inc., (TSX: TVK) ("TerraVest" or the "Company") announces its results for the second quarter ended March 31, 2025 and the declaration of its quarterly dividend.
SECOND QUARTER AND SIX MONTHS REVIEW AND OUTLOOK
Business Performance
Management believes that there are certain non–IFRS financial measures that can be used to assist shareholders in analyzing the performance of TerraVest. The table below highlights certain financial results and reconciles net income to Adjusted earnings before interests, income taxes, depreciation and amortization ("Adjusted EBITDA") for the second quarter and six months ended March 31, 2025 and the comparative periods in fiscal 2024.
TORONTO, May 1, 2025 /CNW/ - TerraVest Industries Inc. (TSX: TVK) ("TerraVest") is pleased to announce that it has acquired Tankcon FRP Inc. as well as certain assets from affiliated entities ("Tankcon" or the "Company") – a premier North American manufacturer of fiber-reinforced polymer ("FRP") tank trailers and lessor of such trailers. Tankcon was acquired for an enterprise value of approximately CAD$27.8 million, and subject to customary closing adjustments.
Headquartered in Blainville Québec, Tankcon is a widely recognized manufacturer of FRP tank trailers serving the North American transportation industry.
TORONTO, April 30, 2025 /CNW/ - TerraVest Industries Inc. (TSX: TVK) ("TerraVest") is pleased to announce that it has acquired Simplex, Inc. ("Simplex" or the "Company") – a leading technology company that designs and manufactures electrical test systems (load banks) and fuel supply systems for the standby power generation industry. The market for these products has been driven by demand for emergency back up power generators at data centers, hospitals and other public utilities. Simplex was acquired for an enterprise value of approximately US$28.0 million, including the assumption of certain liabilities, and subject to customary closing adjustments. Headquartered in Springfield, IL, Simplex products are installed in some of the most demanding, mission critical environments.
TORONTO, April 4, 2025 /CNW/ - TerraVest Industries Inc. (TSX: TVK) ("TerraVest") is pleased to announce that it has acquired L.B.T. Inc. ("LBT" or the "Company") – a premier North American manufacturer of tank trailers. LBT was acquired for an enterprise value of approximately US$16.0 million, including the assumption of certain liabilities, and subject to customary closing adjustments.
Headquartered in Omaha Nebraska, LBT is a widely recognized manufacturer of tank trailers serving the North American transportation industry. Known for building the "Toughest Tank in the Industry", LBT has a loyal brand following and a long-standing reputation for quality and innovative trailer designs.
TORONTO, March 17, 2025 /CNW/ - Trading resumes in:
Company: TerraVest Industries Inc.
TSX Symbol: TVK
All Issues: Yes
Resumption (ET): 10:00 AM
CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada..
SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions
TORONTO, March 17, 2025 /CNW/ - TerraVest Industries Inc. (TSX: TVK) ("TerraVest") is pleased to announce that it has acquired EnTrans International ("Entrans") – a premier North American manufacturer of tank trailers and transportation solutions.
Headquartered in Athens Tennessee, with additional manufacturing operations in Minnesota, Texas, Mexico, and Thailand, Entrans is the industry-leading manufacturer of tank trailers, heavy haul trailers and LPG transportation equipment under the Heil Trailer, Polar Tank Trailer, Kalyn Siebert and Jarco brand names. The company serves mission-critical sectors, including petroleum, chemical, food-grade and cryogenic transport and has a reputation for engineering excellence.
TORONTO, March 17, 2025 /CNW/ - The following issues have been halted by CIRO:
Company: TerraVest Industries Inc.
TSX Symbol: TVK
All Issues: Yes
Reason: Pending News
Halt Time (ET): 8:56 AM
CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
TORONTO, Feb. 12, 2025 /CNW/ - TerraVest Industries Inc., (TSX: TVK) ("TerraVest" or the "Company") announces its results for the first quarter ended December 31, 2024 and the declaration of its quarterly dividend.
FIRST QUARTER REVIEW AND OUTLOOK
Business Performance
Management believes that there are certain non‐IFRS financial measures that can be used to assist shareholders in analyzing the performance of TerraVest. The table below highlights certain financial results and reconciles net income to Adjusted earnings before interests, income taxes, depreciation and amortization ("Adjusted EBITDA") for the first quarter ended December 31, 2024 and the comparative period in fiscal 2024.
TORONTO, Feb. 11, 2025 /CNW/ - TerraVest Industries Inc. (TSX: TVK) (the "Corporation") held its annual meeting of shareholders on February 11, 2025 (the "Meeting"). A total of 13,873,942 common shares (representing 71.14% of the 19,501,433 outstanding voting shares) were represented in person or by proxy at the Meeting.
The complete voting results from the Meeting are as follows:
1. Election of DirectorsEach of the nominees proposed in the Corporation's Management Information Circular dated as of January 9, 2025 (the "Circular") was elected.