Aimia Inc. (TSE:AIM) has released an update.
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Aimia Inc. has reported a robust start to 2024, with a focus on value creation and strategic realignment, following strong first-quarter performances by its subsidiaries Bozzetto and Cortland International. The company anticipates robust growth with adjusted EBITDA expected to be between $80 to $85 million for its core businesses, while planning to enhance shareholder returns through a normal course issuer bid. Aimia also ended the quarter with solid liquidity, appointed a new Executive Chairman and Board member, and is progressing in its CEO search.
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