Year-2018

News Releases
News Releases

Stuart Olson Announces Appointment of a New Director

Posted Posted in 2018, MediaCenter

CALGARY, Dec. 3, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced the appointment of Mary C. Hemmingsen to its Board of Directors. Ms. Hemmingsen will join the Audit Committee and Health, Safety and Environment Committee. Ms. Hemmingsen currently serves on the advisory board for InstarAGFAsset Management Inc., and the governing board for Women […]

Correction Notice to Press Release Regarding Dividend Payable Date

Posted Posted in 2018, MediaCenter

CALGARY, Nov. 29, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced a correction to its press release issued on November 6, 2018 entitled “Stuart Olson Reports Third Quarter Results” only in respect of the declared dividend payable date. In the press release, the payable date was misstated as January 16, 2019. The corrected date […]

Stuart Olson Reports Third Quarter Results

Posted Posted in 2018, MediaCenter

Significantly improved balance sheet leverage and strong liquidity Dividend payout ratio of 36.0% 31st consecutive quarterly dividend of $0.12 per common share declared Approximately $205 million added to consolidated backlog CALGARY, Nov. 6, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced third quarter 2018 financial results, and declared its 31st consecutive quarterly dividend of $0.12 per common share. “Our […]

Stuart Olson Completes Acquisition of Tartan Canada Corporation

Posted Posted in 2018, MediaCenter

CALGARY, Nov. 6, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced it has successfully acquired all of the outstanding shares of Tartan Canada Corporation (“Tartan”) for a purchase price of approximately $12 million, which is subject to customary  holdbacks and adjustments. Founded in 1953, Tartan is a privately held Western based mechanical […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2018 Third Quarter Financial Results

Posted Posted in 2018, MediaCenter

CALGARY, Oct. 3, 2018 /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 quarter ended September 30, 2018 on or about Tuesday, November 6, 2018 after the close of the Canadian capital markets. Conference Call The Company will host a conference call and webcast to discuss its 2018 […]

Stuart Olson Announces the Appointment of New Directors

Posted Posted in 2018, MediaCenter

CALGARY, Aug. 30, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced the appointments of Raymond D. Crossley and David C. Filmon to its Board of Directors. Mr. Crossley and Mr. Filmon will join the Audit Committee. Mr. Crossley currently serves on the boards of Obsidian Energy, Alberta Securities Commission and Canada West Foundation, and is […]

Stuart Olson Reports Second Quarter Results

Posted Posted in 2018, MediaCenter

Second quarter adjusted EBITDA up 27% Approximately $250 million added to consolidated backlog 30th consecutive quarterly dividend of $0.12 per common share declared Dividend payout ratio improves to 35.7% CALGARY, Aug. 9, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced second quarter 2018 financial results, and declared its 30th consecutive quarterly dividend of $0.12 per common share. “In the […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2018 Second Quarter Financial Results

Posted Posted in 2018, MediaCenter

CALGARY, July 5, 2018 /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 quarter ended June 30, 2018 on or about Thursday, August 9, 2018 after the close of the Canadian capital markets. Conference Call The Company will host a conference call and webcast to discuss its 2018 […]

Stuart Olson Reports on Voting Results of the 2018 Annual Meeting of Shareholders

Posted Posted in 2018, MediaCenter

CALGARY, May 23, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) held its annual shareholders meeting on May 23, 2018 in Calgary, Alberta.  A total of 14,555,627 shares, representing 53% of shares outstanding were represented in person or by proxy. Below are the results of the matters that were voted on by shareholders: 1.  Election of Directors […]

Stuart Olson Reports First Quarter Results

Posted Posted in 2018, MediaCenter

First quarter contract revenue up 21% and adjusted EBITDA up 42% Declares 29th consecutive quarterly dividend of $0.12 per common share Dividend payout ratio improves to 41% CALGARY, May 2, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced first quarter 2018 financial results, and declared its 29th consecutive quarterly dividend of $0.12 per common share. “2018 is […]

Stuart Olson Awarded $125 Million in New Contracts

Posted Posted in 2018, MediaCenter

CALGARY, May 1, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that it has been awarded approximately $125 million in new contracts. The new projects include a large agricultural facility in Western Canada, which was recently awarded to the Buildings Group and its joint venture partner. Construction has started with completion anticipated in the […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2018 First Quarter Financial Results

Posted Posted in 2018, MediaCenter

CALGARY, April 2, 2018 /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 quarter ended March 31, 2018 on or about Wednesday, May 2, 2018 after the close of the Canadian capital markets. Conference Call The Company will host a conference call and webcast to discuss its 2018 […]

Stuart Olson Reports Strong Fourth Quarter Results

Posted Posted in 2018, MediaCenter

Declares its 28th consecutive quarterly dividend of $0.12 per common share Fourth quarter contract revenue up 29% and adjusted EBITDA up 98% Dividend payout ratio strengthens to 45% CALGARY, March 6, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced fourth quarter and full-year 2017 financial results, and […]

Stuart Olson named one of Alberta’s Top 70 Employers in 2018 for the second consecutive year

Posted Posted in 2018, MediaCenter

CALGARY, March 5, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) is honoured to have been shortlisted as one of Canada’s Top 100 employers, and recognized as one of Alberta’s Top 70 Employers in 2018 for the second consecutive year. Published by Mediacorp Canada Inc., these annual competitions recognize […]

Stuart Olson Awarded $120 Million in New Ontario Contracts

Posted Posted in 2018, MediaCenter

CALGARY, Feb. 8, 2018 /CNW/ – Stuart Olson Inc. (TSX: SOX, SOX.DB.A) (“Stuart Olson” or the “Company”) today announced that it has been awarded approximately $120 million in new contracts in Ontario. Stuart Olson’s Buildings Group has secured two construction management contracts in Southern Ontario. The first project is to construct a thirty-storey student residence […]

Stuart Olson Announces Release Date, Conference Call and Webcast for 2017 Fourth Quarter and Annual Financial Results

Posted Posted in 2018, MediaCenter

CALGARY, Feb. 6, 2018 /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 quarter and fiscal year ended December 31, 2017 on or about Tuesday, March 6, 2018 after the close of the Canadian capital markets. Conference Call The Company will […]