The earnings call highlighted the company's strategic initiatives and positive outlook for 2025, including growth in the propane segment and strategic share repurchases. However, challenges from warm weather and decreased performance in certain segments like Canadian and wholesale propane were notable. The company is optimistic about its transformative initiatives and future growth, but current headwinds indicate a balanced view.
Company Guidance
During the Superior Plus fourth quarter results conference call for fiscal year 2024, the company provided guidance for 2025, highlighting an anticipated 8% growth in the propane segment, supported by a $20 million contribution from the "Superior Delivers" initiative. This contribution is expected to result in a $40 million improvement in the company's EBITDA run-rate, approaching 80% of the original target of $50 million by the end of 2025. Additionally, the company plans to scale back capital spending in certain segments, like Certarus, to optimize performance and strengthen free cash flow. The guidance also includes a shift in capital allocation strategy favoring share repurchases, with over CAD$86 million already invested in repurchasing more than 5% of outstanding shares. The expected outcomes for 2025 include doubling free cash flow by enhancing EBITDA, reducing capital expenditures, and executing share buybacks amounting to nearly 10% of the company, all while aiming for half a turn reduction in leverage.
Superior Delivers Initiative
The company announced the 'Superior Delivers' initiative, aiming for a $40 million improvement in EBITDA run rate by the end of 2025, which is 80% of the original target.
Certarus Growth
Certarus delivered a strong quarter with a 13% year-over-year increase in adjusted EBITDA, driven by a 15% increase in MSUs.
Share Repurchases
Superior Plus invested CAD$86 million to repurchase more than 5% of its outstanding shares, with a plan to buy back nearly 10% of the company in 2025.
2025 Guidance
The company issued a guidance of 8% growth for the propane segment, supported by a $20 million contribution from the Superior Delivers initiative.
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Superior Plus (TSE:SPB) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:SPB Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 26, 2025
C$5.89
C$6.56
+11.38%
Nov 06, 2024
C$6.65
C$5.52
-16.99%
Aug 13, 2024
C$7.54
C$7.38
-2.12%
May 14, 2024
C$8.91
C$8.83
-0.90%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Superior Plus Corp. (TSE:SPB) report earnings?
Superior Plus Corp. (TSE:SPB) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Superior Plus Corp. (TSE:SPB) earnings time?
Superior Plus Corp. (TSE:SPB) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.