Boyd’s Books: Boyd reports Q2 2024 financials; Internalization of scanning and calibration, repair-first strategy drive improved margins despite softening sales
Winnipeg, Manitoba — Boyd Group Services, which operates the Boyd Autobody and Glass and Assured collision networks, reported its second-quarter financials on Thursday. For the quarter ended June 30, 2024, Boyd Group Services posted net earnings of US$10.8 million, compared to US$26.3 million in the same period of 2023. Factors impacting net earnings, according to […]
Tuesday Ticker: Tesla shares drop three percent amid supply chain and other struggles; Toyota makes plans for a stellar year
Photo: Gigafactory Berlin-Brandenburg. Michael Wolf. Toronto, Ontario — In this weekly Tuesday Ticker, Tesla faces a triple threat of troubles, while Toyota makes plans to break production records for the second consecutive year. The NASDAQ remained closed on Monday due to Martin Luther King Day. Tumultuous times for Tesla Tesla is facing supply chain delays […]
Big at Boyd: Boyd Group added 21 collision centres in Q3 2023, according to financial results
Winnipeg, Manitoba — Winnipeg, Manitoba-based Boyd Group Services reported its Q3 results on Friday, where the network said it added 21 locations to its portfolio during the quarter–17 via acquisition and four start-ups. The company reported 17.9 percent growth in sales, reaching $737.8 million compared to $625.7 million in the same period of the previous […]
Economic Insights: AkzoNobel reveals increased profit growths compared to 2022 in this year’s third quarter
Toronto, Ontario — In the highlights of its Q3 report, AkzoNobel reveals a continued rebound and significant growth when compared to the third quarter from 2022. When it comes to decorative paints, revenue in constant currencies was 5 percent higher, reported revenue was 3 percent lower, and revenue growth in constant currencies was mainly driven […]
Good Results in All Regions: AkzoNobel publishes 2022 report with financial results
Amsterdam, The Netherlands — AkzoNobel unveiled its 2022 report on Wednesday, which details the company’s activities last year, including financial results and key business developments. High energy costs and labour shortages continued to impact AkzoNobel’s vehicle refinish customers in 2022 while presenting the company with opportunities to support customers’ sustainability ambitions. Nonetheless, director of automotive […]
Boyd Group Bounce Back: Company reports Q1 2022 financial results, cites client price increases, wage pressure
Winnipeg, Manitoba — The Boyd Group reported its Q1 2022 financial results Wednesday, confirming that the company saw “some modest recovery of demand for services in Canada,” as COVID-19 restrictions were lifted across the nation. Sales increased by 32 percent to US$556.8 million for Boyd’s U.S. and Canadian operations, up from US$421.6 million in the […]
Tuesday Ticker: April 5, 2022
Toronto, Ontario — In this weekly Tuesday Ticker, Uber celebrates ten years in Canada with some key statistics and Hertz plans to add more electric vehicles to its global fleets. Uber’s uber growth Uber shared some key Canadian statistics alongside its 10-year anniversary of operating in the nation–including the fact that Uber drivers and delivery […]
Tuesday Ticker: August 17, 2021
Toronto, Ontario —Uber faces a new Ontario class action suit, Boyd reports 44.4 percent higher sales numbers for Q2 2021 and ABCD—all in this week’s edition of the Collision Repair mag Tuesday Ticker. Uber caught in class action Ontario’s Superior Court of Justice has certified a class-action lawsuit against Uber, which furthers a fight for […]
Tuesday Ticker: August 10, 2021
Toronto, Ontario — This week, Uni-Select reports its second-quarter financial results, Toyota Canada claims record-breaking July sales numbers and U.S. President Joe Biden says he plans for 50 percent of the nation’s new vehicle sales to be electric. Uni-Select says up, up and away Uni-Select reported its second-quarter financial results last week, reporting “strong market […]
Silver Linings: SGI reports ‘exceptionally strong’ earnings following release of annual report
Regina, Saskatchewan — Showing that no matter what the world throws its way, the Prairies will always pull through with SGI reporting a strong financial year despite the COVID-19 pandemic. Saskatchewan’s public insurance company reported that they managed to stay afloat over the last year thanks to “exceptionally strong investment earnings and lower-than-anticipated collision claims”, […]
