Year-2016

News Releases
News Releases

Stuart Olson Announces Amendment to its Revolving Credit Facility

Posted Posted in 2016, MediaCenter

CALGARY, Dec. 23, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that it has negotiated a minor amendment to its revolving credit facility by changing the required interest coverage ratio covenant.  The amendment was unanimously approved by the lenders and provides that effective immediately, the Company’s required […]

Stuart Olson Industrial Group Awarded $130 Million in New Contracts

Posted Posted in 2016, MediaCenter

CALGARY, Nov. 3, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced two new maintenance, repair and operations (“MRO”) contract awards valued at an estimated $130 million for its Industrial Group segment. The awards include a contract estimated at $100 million to provide MRO services to a longstanding […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2016 Third Quarter Financial Results

Posted Posted in 2016, MediaCenter

CALGARY, Sept. 28, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that it will release its financial results for the three and nine months ended September 30, 2016 on Thursday, November 3, 2016 after the close of the Canadian capital markets. Conference Call The Company will host a conference […]

Stuart Olson Buildings Group Awarded $105 Million in New Contracts

Posted Posted in 2016, MediaCenter

CALGARY, Sept. 15, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that its Buildings Group has been awarded approximately $105 million in new contracts. These awards encompass both public infrastructure and private commercial projects in Western Canada, and includes $40 million of construction work for a large post-secondary […]

Stuart Olson Reports Second Quarter 2016 Results and Declares Quarterly Dividend

Posted Posted in 2016, MediaCenter

Backlog of $2.1 Billion; Wildfires Impact Q2 Results CALGARY, Aug. 9, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced financial results for the second quarter and first six months of 2016, and declared a quarterly dividend of $0.12 per common share. Results for the second quarter reflect the […]

Stuart Olson Industrial Group Awarded $80 Million in New Contracts

Posted Posted in 2016, MediaCenter

CALGARY, Aug. 9, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that its Industrial Group has been awarded approximately $80 million in new contracts. The projects include the provision of complete mechanical, electrical and instrumentation services to a major mining company operating in Ontario. The Company also […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2016 Second Quarter Financial Results

Posted Posted in 2016, MediaCenter

CALGARY, July 13, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that it will release its financial results for the three and six months ended June 30, 2016 on Tuesday, August 9, 2016 after the close of the Canadian capital markets. Conference Call The Company will host a […]

Stuart Olson Updates Industrial Group Outlook to Reflect Impact of Fort McMurray Wildfire

Posted Posted in 2016, MediaCenter

CALGARY, June 16, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today released preliminary revenue and adjusted EBITDA estimates for its Industrial Group for the second quarter of 2016. While Stuart Olson does not ordinarily provide quarterly financial guidance, we are providing preliminary estimates today given that second quarter […]

Stuart Olson Reports on Voting Results of the 2016 Annual General Meeting of Shareholders

Posted Posted in 2016, MediaCenter

CALGARY, May 27, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) held its annual shareholders meeting on May 25, 2016 in Calgary, Alberta. A total of 13,921,257 shares, representing 52.27% of shares outstanding were represented in person or by proxy. Below are the results of the matters that were […]

Stuart Olson Responds to the Regional Municipality of Wood Buffalo (RMWB) Wildfire Crisis

Posted Posted in 2016, MediaCenter

CALGARY, May 6, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson”) is announcing its response to the Regional Municipality of Wood Buffalo (RMWB) wildfire crisis. As everyone is aware, the RMWB wildfire has affected over 90,000 individuals, including members of our Stuart Olson family. The safety and well-being of our employees is […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2016 First Quarter Financial Results

Posted Posted in 2016, MediaCenter

CALGARY, April 5, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that it will release its financial results for the three months ended March 31, 2016 on Tuesday, May 3, 2016 after the close of the Canadian capital markets. Conference Call The Company will host a conference call […]

Stuart Olson Reports Fourth Quarter and Full Year Results and Declares Quarterly Dividend

Posted Posted in 2016, MediaCenter

Higher Contract Income, EBITDA and Net Earnings; Stable $2.0B Backlog CALGARY, March 1, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced financial results for the fourth quarter and full year 2015, and declared a quarterly dividend of $0.12 per common share. “2015 was a year of achievement […]

Stuart Olson Awarded Five-Year MRO Contract for Bundled Industrial Services Contract Valued at an Estimated $500 Million

Posted Posted in 2016, MediaCenter

CALGARY, Feb. 24, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson”) today announced that its Industrial Group has been awarded a five-year contract valued at an estimated $500 million to provide maintenance, operations and repair (MRO) services to a longstanding oil sands customer in Alberta. Under the terms of the multi-site, multi-use […]

Stuart Olson Announces Senior Management Appointment

Posted Posted in 2016, MediaCenter

CALGARY, Jan. 25, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson”) today announced an appointment to its senior management team. Bob Myles has been appointed as Group Chief Operating Officer, Industrial, with overall leadership responsibility for Stuart Olson’s industrial businesses. Mr. Myles’ career has focused on the Canadian industrial sector in the oil […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2015 Annual and Fourth Quarter Financial Results

Posted Posted in 2016, MediaCenter

CALGARY, Jan. 22, 2016 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that it will release its financial results for the three and twelve months ended December 31, 2015 on Tuesday, March 1, 2016 after the close of the Canadian capital markets. Conference Call The Company will host a […]