PR Newswire
TORONTO, June 24, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today announced that at its special meeting of shareholders held earlier today (the "Meeting"), holders (the "Shareholders") of the Company's subordinate voting shares and multiple voting shares (collectively, the "Shares") voted overwhelmingly in favour of the special resolution (the "Arrangement Resolution") approving the previously announced plan of arrangement pursuant to which an affiliate of UPS (NYSE: UPS) will acquire all of the issued and outstanding Shares for C$55.00 per Share in cash (the "Arrangement"), as more fully described in the Company's management information circular dated May 20, 2025.
TORONTO, June 13, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today announced the Company's second quarter shareholder dividend (encompassing the period from April 1, 2025 to June 30, 2025) in the amount of $0.12 per subordinate voting share and multiple voting share. Payment will be made on July 15, 2025 to shareholders of record as at June 30, 2025.
About AHG
AHG is a leading and growing supply chain management company offering a robust platform of customized third-party logistics ("3PL") and specialized transportation solutions for the healthcare sector. The Company's 3PL services include customized logistics, distribution and packaging solutions for healthcare manufacturers across Canada. AHG's specialized transportation services in Canada, including air freight forwarding, ground transportation, dedicated delivery and last mile services, provide a one-stop shop for clients' healthcare transportation needs. Through its complementary service offerings, available across a coast-to-coast distribution network, AHG strives to accommodate the full range of its clients' specialized supply chain needs on an integrated and efficient basis. The Company also provides specialized ground transportation services, primarily to the healthcare sector, across the 48 contiguous U.S. states. For more information on AHG, please visit: www.andlauerhealthcare.com.
TORONTO, May 2, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") announced today the results of voting at its annual meeting of shareholders held on May 2, 2025 (the "Meeting").
All of the nominees listed in the management information circular prepared in connection with the Meeting were elected as directors of the Company, with the outcome of the vote being as follows:
Nominee
Votes For
% Votes For
Votes
Withheld
% Votes
Withheld
Rona Ambrose
96,873,721
97.610 %
2,371,665
2.390 %
Michael Andlauer
95,244,823
95.969 %
4,000,563
4.031 %
Peter Jelley
96,650,542
97.385 %
2,594,844
2.615 %
Cameron Joyce
96,661,153
97.369 %
2,584,233
2.604 %
Joseph Schlett
96,845,221
97.582 %
2,400,165
2.418 %
Evelyn Sutherland
96,077,962
96.808 %
3,167,424
3.192 %
Thomas Wellner
99,120,656
99.874 %
124,730
0.126 %
TORONTO, May 1, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today reported its financial results for the three-month period ended March 31, 2025 ("Q1 2025").
Q1 2025 Summary
Effective March 1, 2025, AHG entered into a joint venture (the "Joint Venture") to combine its packaging subsidiary, Nova Pack Ltd. ("Nova Pack"), with NowPac Inc. ("NowPac"), a privately-owned Toronto-based company specializing in contract packaging services for the healthcare sector;Revenue totaled $166.1 million, an increase of 3.1% compared to $161.1 million for the three-month period ended March 31, 2024 ("Q1 2024");Operating income was $21.6 million, compared to $21.2 million in Q1 2024;Net income, which includes a gain of $5.0 million on the deconsolidation of Nova Pack, was $20.2 million, or $0.51 per share (diluted), compared to $14.9 million, or $0.35 per share (diluted), in Q1 2024;EBITDA¹, excluding the gain on deconsolidation of Nova Pack, totaled $40.0 million, compared to $39.6 million in Q1 2024; andEBITDA Margin¹, excluding the gain on deconsolidation of Nova Pack, was 24.1%, compared to 24.6% in Q1 2024.TORONTO, April 9, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") will release its 2025 first quarter financial results after market close on Thursday, May 1, 2025. Michael Andlauer, Chief Executive Officer, and Peter Bromley, Chief Financial Officer, will host a conference call for analysts and investors on Friday, May 2, 2025 at 8:30 a.m. (ET).
To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/4caczCt to receive an instant automated call back. Alternatively, you can dial (416) 945-7677 or (888) 699-1199 to reach a live operator that will join you into the call.
TORONTO, March 14, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today announced the Company's first quarter shareholder dividend (encompassing the period from January 1, 2025 to March 31, 2025) in the amount of $0.12 per subordinate voting share and multiple voting share. Payment will be made on April 15, 2025 to shareholders of record as at March 31, 2025.
About AHG
AHG is a leading and growing supply chain management company offering a robust platform of customized third-party logistics ("3PL") and specialized transportation solutions for the healthcare sector. The Company's 3PL services include customized logistics, distribution and packaging solutions for healthcare manufacturers across Canada. AHG's specialized transportation services in Canada, including air freight forwarding, ground transportation, dedicated delivery and last mile services, provide a one-stop shop for clients' healthcare transportation needs. Through its complementary service offerings, available across a coast-to-coast distribution network, AHG strives to accommodate the full range of its clients' specialized supply chain needs on an integrated and efficient basis. The Company also provides specialized ground transportation services, primarily to the healthcare sector, across the 48 contiguous U.S. states. For more information on AHG, please visit: www.andlauerhealthcare.com.
TORONTO, March 3, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today announced that it has entered into a joint venture (the "Joint Venture") to combine its packaging subsidiary, Nova Pack Ltd. ("Nova Pack"), with NowPac Inc. ("NowPac"), a privately-owned, Toronto-based company specializing in contract packaging services for the healthcare sector. The Joint Venture, which is owned 50% by Accuristix Inc. ("Accuristix"), a subsidiary of AHG, and 50% by an entity controlled by NowPac owners Kris Calder and Andrina Calder, together, is expected to provide customers with contract packaging solutions that leverage technology, automation, AHG's coast-to-coast healthcare supply chain network in Canada and 65 years of combined contract packaging experience. The Joint Venture will be led by Kris Calder, President of NowPac. The financial terms of the transaction were not disclosed. AHG expects the Joint Venture to be immediately accretive to cash flow and earnings per share.
TORONTO, Feb. 26, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today reported its financial results for the three-month period ("Q4 2024") and year ended December 31, 2024 ("Fiscal 2024").
Q4 2024 Summary
Revenue totaled $168.3 million, compared to $169.1 million for the three-month period ended December 31, 2023 ("Q4 2023");Operating income was $26.7 million, compared to $28.0 million in Q4 2023;Net income totaled $17.5 million, or $0.44 per share (diluted), compared to $18.6 million, or $0.44 per share (diluted), in Q4 2023;EBITDA¹ totaled $43.6 million, compared to $44.8 million in Q4 2023; andEBITDA Margin¹ was 25.9%, compared to 26.5% in Q4 2023.TORONTO, Feb. 4, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today announced the retirement of Bob Brogan effective January 31, 2025. Mr. Brogan has served as the Company's President, Specialty Solutions since its initial public offering in December 2019. Mr. Brogan's functional leadership team and responsibilities will report through Sandro Caccaro who serves as President, Transportation - Canada, and Mr. Caccaro will be responsible for leading the Company's specialty solutions operations moving forward.
TORONTO, Jan. 23, 2025 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") will release its 2024 fourth quarter and year-end financial results after market close on Wednesday, February 26, 2025. Michael Andlauer, Chief Executive Officer, and Peter Bromley, Chief Financial Officer, will host a conference call for analysts and investors on Thursday, February 27, 2025 at 8:30 a.m. (ET).
To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/40mprQB to receive an instant automated call back. Alternatively, you can dial (416) 945-7677 or (888) 699-1199 to reach a live operator that will join you into the call.
TORONTO, Dec. 16, 2024 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today announced the Company's fourth quarter shareholder dividend (encompassing the period from October 1, 2024 to December 31, 2024) in the amount of $0.11 per subordinate voting share and multiple voting share. Payment will be made on January 15, 2025 to shareholders of record as at December 31, 2024.
About AHG
AHG is a leading and growing supply chain management company offering a robust platform of customized third-party logistics ("3PL") and specialized transportation solutions for the healthcare sector. The Company's 3PL services include customized logistics, distribution and packaging solutions for healthcare manufacturers across Canada. AHG's specialized transportation services in Canada, including air freight forwarding, ground transportation, dedicated delivery and last mile services, provide a one-stop shop for clients' healthcare transportation needs. Through its complementary service offerings, available across a coast-to-coast distribution network, AHG strives to accommodate the full range of its clients' specialized supply chain needs on an integrated and efficient basis. The Company also provides specialized ground transportation services, primarily to the healthcare sector, across the 48 contiguous U.S. states. For more information on AHG, please visit: www.andlauerhealthcare.com.
TORONTO, Nov. 5, 2024 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today reported its financial results for the three and nine-month periods ended September 30, 2024 ("Q3 2024" and "YTD 2024", respectively).
Q3 2024 Summary
Revenue totaled $159.6 million, an increase of 1.8% from $156.8 million for the three-month period ended September 30, 2023 ("Q3 2023");Operating income was $23.8 million, an increase of 9.6% compared to $21.7 million in Q3 2023;Net income totaled $16.3 million, or $0.41 per share (diluted), compared to $15.3 million, or $0.36 per share (diluted), in Q3 2023;EBITDA¹ totaled $41.3 million, an increase of 5.9% compared to $39.0 million in Q3 2023; andEBITDA Margin¹ was 25.9%, compared to 24.9% in Q3 2023.TORONTO, Oct. 10, 2024 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") will release its 2024 third quarter financial results after market close on Tuesday, November 5, 2024. Michael Andlauer, Chief Executive Officer, and Peter Bromley, Chief Financial Officer, will host a conference call for analysts and investors on Wednesday, November 6, 2024 at 8:30 a.m. (ET).
To join the conference call without operator assistance, you may register and enter your phone number at: https://emportal.ink/3YfYcHm to receive an instant automated call back. Alternatively, you can dial (437) 900-0527 or (888) 510-2154 to reach a live operator that will join you into the call.
TORONTO, Sept. 16, 2024 /CNW/ - Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company") today announced the Company's third quarter shareholder dividend (encompassing the period from July 1, 2024 to September 30, 2024) in the amount of $0.11 per subordinate voting share and multiple voting share. Payment will be made on October 15, 2024 to shareholders of record as at September 27, 2024.
About AHG
AHG is a leading and growing supply chain management company offering a robust platform of customized third-party logistics ("3PL") and specialized transportation solutions for the healthcare sector. The Company's 3PL services include customized logistics, distribution and packaging solutions for healthcare manufacturers across Canada. AHG's specialized transportation services in Canada, including air freight forwarding, ground transportation, dedicated delivery and last mile services, provide a one-stop shop for clients' healthcare transportation needs. Through its complementary service offerings, available across a coast-to-coast distribution network, AHG strives to accommodate the full range of its clients' specialized supply chain needs on an integrated and efficient basis. The Company also provides specialized ground transportation services, primarily to the healthcare sector, across the 48 contiguous U.S. states. For more information on AHG, please visit: www.andlauerhealthcare.com.
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