Investors
The Churchill Corporation is one of the largest publicly listed construction and industrial services companies in Canada. We have a broad customer base with strong institutional and industrial focus. Our demand for services is driven by institutional, commercial and industrial construction in Western Canada.
Investment Highlights
- Among the three largest construction and industrial services companies in Canada
- Broad customer base with strong institutional, commercial and industrial focus
- Demand for services driven by committed infrastructure spending and growth in the Western Canadian oil and gas, mining, and power and utilities industries.
- Large backlog provides excellent revenue visibility
Stock Ownership by Category of Shareholder
Investment funds own 45% of the common shares. Significantly, employees, insiders and management own approximately 6% of our common shares. A long-time individual investor owns 14% of our common shares.
Contract Revenue and Contract Income Margin
In 2010, contract revenue grew at a rate that more than offset a decline in contract income margin (contract income divided by contract revenue).
EBITDA and EBITDA Margin
We controlled indirect costs in 2010, thereby helping to grow our EBITDA at a rate that more than offset a decline in EBITDA margin (EBITDA divided by contract revenue).
Backlog and Contract Revenue
We closed 2010 with backlog significantly higher than our annual contract revenue, providing visibility of our future contract revenue.
