MONCTON, New Brunswick, Aug. 01, 2018 -- Denis Larocque, President and CEO of Major Drilling Group International Inc. today announced that Larry Pisto, VP Operations – North America, will be retiring effective August 31, 2018. Kelly Johnson, presently VP Operations – Latin America & Africa, will become Senior VP Operations – North America & Africa. Ashley Martin, presently Regional Manager – South [...]
MONCTON, New Brunswick, June 07, 2018 -- Major Drilling Group International Inc. today reported results for the year and fourth quarter of fiscal year 2018, ended April 30, 2018. Highlights In millions of Canadian dollars Q4 2018 Q4 2017 YTD 2018 YTD 2017 Revenue $ 95.4 $ 81.5 $ 342.3 $ 300.6 Gross profit As percentage of revenue 23.1 24.3 % 19.6 24.1 % 74.3 21.7 % 60.2 20.0 % EBITDA As percentage of revenue 10.2 10.7 [...]
MONCTON, New Brunswick, May 23, 2018 -- Major Drilling Group International Inc. today reported that it will release its fourth quarter and year-end results, ended April 30, 2018, on Thursday, June 7, 2018 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and David Balser, Chief Financial Officer, invite you to participate in a webcast/conference call on [...]
MONCTON, New Brunswick, March 01, 2018 -- Major Drilling Group International Inc. today reported results for its third quarter of fiscal year 2018, ended January 31, 2018. Highlights In millions of Canadian dollars Q3 2018 Q3 2017 YTD 2018 YTD 2017 Revenue $ 75.0 $ 70.1 $ 246.9 $ 219.1 Gross profit 13.2 9.4 51.1 40.6 As percentage of revenue 17.6 % 13.4 % 20.7 % 18.5 % EBITDA 0.1 14.5 5.1 As percentage of revenue 0.1 [...]
MONCTON, New Brunswick, Feb. 15, 2018 -- Major Drilling Group International Inc. today reported that it will release its third quarter results, ended January 31, 2018, on Thursday, March 1, 2018 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and David Balser, Chief Financial Officer, invite you to participate in a webcast/conference call on Friday, March [...]
MONCTON, New Brunswick, Dec. 21, 2017 -- Denis Larocque, President & CEO of Major Drilling Group International Inc. is pleased to announce the promotion of John Ross Davies to the position of Vice President Operations - Asia. Mr. Larocque stated, “John Ross has been an instrumental player in the development of our Asian operations over the years and I am very happy to make this announcement today. Through the years [...]
MONCTON, New Brunswick, Nov. 30, 2017 -- Major Drilling Group International Inc. today reported results for its second quarter of fiscal year 2018, ended October 31, 2017. Highlights In millions of Canadian dollars Q2-18 Q2-17 YTD-18 YTD-17 Revenue $88.0 $79.9 $171.9 $149.0 Gross profit 21.2 16.1 37.9 31.2 As percentage of revenue 24.1% 20.1% 22.1% 21.0% EBITDA 9.1 4.4 14.4 8.2 As percentage of revenue 10.3% 5.5% 8.4 [...]
MONCTON, New Brunswick, Nov. 20, 2017 -- Major Drilling Group International Inc. today reported that it will release its second quarter results, ended October 31, 2017, on Thursday, November 30, 2017 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and David Balser, Chief Financial Officer, invite you to participate in a webcast/conference call on Friday [...]
Major Drilling is pleased to announce that all director nominees listed in the management proxy circular dated July 10, 2017 were elected as directors of Major Drilling in the course of the annual general meeting of shareholders of the Corporation held September 8, 2017 in Toronto. Each of the nine director nominees listed in the Circular was elected by the holders of common shares of the Corporation on a vote by show of [...]
Major Drilling Group International today reported results for its first quarter of fiscal year 2018, ended July 31, 2017. Quarterly revenue was $84.0 million, up 22% from the $69.1 million recorded for the same quarter last year. Gross margin percentage for the quarter was 20.0%, compared to 21.9% for the corresponding period last year. Net cash increased $0.8 million during the quarter to $18.9 million.
Major Drilling Group International today reported that it will release its first quarter results, ended July 31, 2017, on Wednesday, September 6, 2017 after the markets have closed. Denis Larocque, President & Chief Executive Officer, and David Balser, Chief Financial Officer, invite you to participate in a webcast/conference call on Thursday, September 7, 2017 at 9:00 a.m. Eastern to discuss the Company’s first quarter [...]
MONCTON, NEW BRUNSWICK--(Marketwired - June 5, 2017) - Major Drilling Group International Inc. (TSX:MDI) today reported results for the year and fourth quarter of fiscal year 2017, ended April 30, 2017. Highlights In millions of Canadian dollars (except loss per share) Q4 2017 Q4 2016 YTD 2017 YTD 2016 Revenue $ 81.5 $ 64.1 $ 300.6 $ 304.6 ...