Canlan Reports Record Revenue and EBITDA for 2015 and Declares Dividend
Burnaby, British Columbia--(Newsfile Corp. - March 24, 2016) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the fourth quarter and year ended December 31, 2015. The Corporation also announced the continuation of its dividend for Q1 2016. Highlights of 2015 Record revenue of $79.4 million increased by $3.7 million or 4.9% compared to 2014; same store revenue increased by $2.2 million or 2.9%; Record EBITDA1 of $11.4 million increased by $0.3...
2016-03-24 12:01 PM EDT
Canlan Ice Sports Corp. Selected to Manage the CIH Arena
Burnaby, British Columbia--(Newsfile Corp. - November 23, 2015) - We are pleased to announce that effective immediately, the Canadian International Hockey (CIH) Academy and Canlan Ice Sports Corp. (TSX: ICE) have entered into a long term agreement where Canlan will be responsible for the full operations of the CIH Arena in Clarence-Rockland, Ontario. This state of the art multi-purpose twin-pad facility has fast become one of the premier indoor sports destinations for competition, leagues,...
2015-11-23 2:46 PM EST
Canlan Announces Continuation of Dividend Policy
Burnaby, British Columbia--(Newsfile Corp. - November 23, 2015) - Canlan Ice Sports Corp. (TSX: ICE), industry-leading providers of recreational facilities across North America, today announced it has approved the continuation of the Company's quarterly dividend policy and declared eligible dividends totaling $0.02 per common share that will next be paid on January 15, 2016 to shareholders of record at the close of business December 30, 2015. Canlan's Board of Directors reviews the Company's...
2015-11-23 2:12 PM EST
Canlan Reports Q3 Results
Burnaby, British Columbia--(Newsfile Corp. - November 13, 2015) - Canlan Ice Sports Corp. (the "Corporation") (TSX: ICE) today reported its financial results for the third quarter ended September 30, 2015. Overview of Q3 2015 Total revenue of $16.5 million, increased by $0.3 million or 2.1% over 2014; same store revenue increased by $0.2 million or 1.1%; The Company completed a $1.1 million renovation on time in our Winnipeg facility. This renovation has greatly improved the facility's...
2015-11-13 4:41 PM EST
Canlan Reports Q2 Results and Continuation of Dividend Policy
Burnaby, British Columbia--(Newsfile Corp. - August 13, 2015) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the second quarter ended June 30, 2015. Highlights of Q2 2015 Total revenue of $17.5 million (a record high for Q2 since Canlan began focusing on recreation in 1998) increased by $1.0 million or 6.0% over 2014; same store revenue increased by $0.7 million or 4.3%; Revenue of $0.3 million from the new Lake Barrington Sportsplex was on...
2015-08-13 6:02 AM EDT
Canlan Reports Voting Results From the 2015 Annual General Meeting of Shareholders
Burnaby, British Columbia--(Newsfile Corp. - July 23, 2015) - The Annual General Meeting of Shareholders (the "Meeting") of Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") was held on June 18, 2015 in Burnaby, British Columbia. Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated May 15, 2015, which can be found on the website www.sedar.com. The total number of shares represented by shareholders in person and by...
2015-07-23 1:51 PM EDT
Canlan Reports Strong Q1 Revenue Growth and Begins Operations at its New Sportsplex in Illinois
Burnaby, British Columbia--(Newsfile Corp. - May 15, 2015) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the first quarter ended March 31, 2015. Highlights of Q1 2015 On January 30, 2015, the Company completed the purchase of a multi-sport recreation facility in Lake Barrington, Illinois for $7,121,000 (US$5,600,000). This Sportsplex contains a FIFA-sized turf field divisible into three playing surfaces or two ball diamonds which are...
2015-05-15 6:02 AM EDT
Canlan Strengthens Board with Addition of New Director
Burnaby, British Columbia--(Newsfile Corp. - April 2, 2015) - Canlan Ice Sports Corp. (the "Corporation") (TSX: ICE) today announced that Mr. Doug Brownridge has joined the Board of Directors effective March 23, 2015. Mr. Brownridge currently serves on various boards including Coast Capital Savings Credit Union and as Chair of Aprio Governance Software. Over the past 20 years, Mr. Brownridge has held senior marketing and business development positions at Intrawest, Rogers, PMC-Sierra, and...
2015-04-02 6:59 PM EDT
Canlan Reports Significant EBITDA Growth for 2014 and Continuation of Dividend Policy
Burnaby, British Columbia--(Newsfile Corp. - March 24, 2015) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the fourth quarter and year ended December 31, 2014. The Corporation also announced a continuation of its dividend policy for Q1 2015. Highlights of 2014 Total revenue of $75.7 million increased by $2.9 million or 4.0% compared to 2013; same store revenue increased by $3.5 million or 4.8%; EBITDA1 of $11.1 million increased by $1.3...
2015-03-24 5:02 AM EDT
Canlan Agrees to Purchase the Lake Barrington Field House Sports Complex in Lake Barrington, Illinois
Burnaby, British Columbia--(Newsfile Corp. - December 29, 2014) - Canlan Ice Sports Corp. (TSX: ICE), industry-leading providers of recreational sports and entertainment facilities across North America, today announced it is expanding its portfolio with the acquisition of the Lake Barrington Field House; a 175,000 square foot indoor sports complex located in the northwest suburbs of Chicago. The transaction is scheduled to close on or before January 31, 2015. "We are extremely pleased with...
2014-12-29 6:07 PM EST
Canlan Ice Sports Corp. Selected to Manage the SportONE Parkview Fieldhouse
Burnaby, British Columbia--(Newsfile Corp. - November 18, 2014) - Canlan Ice Sports Corp. (TSX: ICE) is pleased to announce that effective immediately, Canlan Ice Sports (USA) Corp., a wholly owned subsidiary of Canlan Ice Sports Corp., has entered into a long term agreement to manage the full operations of the SportONE Parkview Fieldhouse in Fort Wayne, Indiana on behalf of Side Out Development LLC. The SportONE Parkview Fieldhouse is a 57,000 sq. ft. state of the art multi-purpose sports...
2014-11-18 6:02 AM EST
Canlan Reports Strong Q3 Results and Continuation of Dividend Policy
Burnaby, British Columbia--(Newsfile Corp. - November 13, 2014) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the third quarter ended September 30, 2014. Highlights of Q3 2014 Total revenue of $16.2 million increased by 7.1% over 2013; same store revenue increased by 8.0%; Q3 EBITDA was $0.5 million compared to break even in 2013; The Company has completed a $1.8 million renovation of the indoor soccer field at Burnaby 8Rinks on time and on...
2014-11-13 6:02 AM EST
Canlan Purchases Three-Pad Arena in Fort Wayne, Indiana
Burnaby, British Columbia--(Newsfile Corp. - September 3, 2014) - Canlan Ice Sports Corp. (TSX: ICE) (the “Corporation”) today reported it exercised its option to purchase the SportOne/Parkview Ice House, a state of the art three-pad ice-rink facility in Fort Wayne, IN. The Company had been leasing the facility since it was built in February 2010 from a local developer. The long-term lease had fifteen years remaining as at September 2, 2014, the completion date of the purchase. The purchase...
2014-09-03 3:59 PM EDT
Canlan Reports Stronger Q2 Year-Over-Year Results
Burnaby, British Columbia--(Newsfile Corp. - August 12, 2014) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the second quarter ended June 30, 2014. Highlights of Q2 2014 Total revenue of $16.5 million increased by 2.5% over 2013 and 3.1% on a same store basis; Q2 EBITDA was $0.2 million compared to a loss of $0.4 million in 2013; Net loss of $1.4 million was reduced by $0.3 million compared to prior year; As at the date of this release, the...
2014-08-12 7:02 AM EDT
Canlan Partners with the City of Burlington, Ontario to Expand Its Adult Safe Hockey League
Burnaby, British Columbia--(Newsfile Corp. - August 5, 2014) - Canlan Ice Sports Corp. (TSX: ICE), industry-leading providers of on-ice experiences to youth and adults across North America, today announced a 3-year partnership with the City of Burlington, Ontario to operate its Adult Safe Hockey League out of two municipal rinks starting this Fall/Winter. The ASHL will commence operations at the Appleby Ice Centre and Mainway Arena in late-September, offering both Men's and Women's Divisions....
2014-08-05 5:24 PM EDT
Canlan Reports Strong Q1 Earnings Growth and Refinances Debt on Favourable Terms
Burnaby, British Columbia--(Newsfile Corp. - May 14, 2014) - Canlan Ice Sports Corp. (the “Corporation”) (TSX: ICE) today reported its financial results for the first quarter ended March 31, 2014. Highlights of Q1 2014 Total revenue $21.2 million increased by 2.6% over 2013 while same store revenue was up $0.7 million or 3.3%; EBITDA of $5.4 million, increased by 16.7% over 2013; Canlan Sportsplex, which opened in the fall of 2012, turned its first quarterly profit as EBITDA rose...
2014-05-14 9:00 AM EDT
Canlan Reports Record Q4 EBITDA, 2013 Year End Results, and Continuation of Dividend Policy
Burnaby, British Columbia--(Newsfile Corp. - March 21, 2014) - Canlan Ice Sports Corp. (TSX: ICE) (the "Corporation") today reported its financial results for the fourth quarter and year ended December 31, 2013. The Corporation also announced a continuation of its dividend policy for Q1 2014. Highlights of 2013 Revenue of $72.8 million and EBITDA1 of $9.8 million for the year remained consistent with 2012 despite shutting down six ice surfaces for major renovations at three facilities during...
2014-03-21 7:00 AM EDT