CALGARY, AB, Feb. 27, 2025 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)
ATCO Ltd. (ATCO or the Company) today announced adjusted earnings (1) in 2024 of $481 million ($4.29 per share), which were $49 million ($0.47 per share) higher compared to $432 million ($3.82 per share) in 2023. Fourth quarter adjusted earnings in 2024 of $146 million ($1.30 per share) were $19 million ($0.17 per share) higher compared to $127 million ($1.13 per share) in the fourth quarter of 2023.
2024 earnings attributable to Class I and Class II Shares reported in accordance with International Financial Reporting Standards (IFRS earnings) were $430 million ($3.83 per share) compared to $432 million ($3.82 per share) in 2023. Fourth quarter 2024 IFRS earnings were $138 million ($1.23 per share) compared to $95 million ($0.85 per share) in the fourth quarter of 2023.
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