Chemtrade Logistics Income Fund (T:CHE*CA)
Business Focus: Commodity Chemicals (NEC)
| Sector: Basic Materials | Industry: Commodity Chemicals |
| Company Contact | |
| Address: | 155 Gordon Baker Rd Suite 300 NORTH YORK ON M2H 3N5 |
| Tel: | N/A |
| Website: | https://www.chemtradelogistics.com |
| IR: | See website |
| Key People | ||
| Scott William Rook President, Chief Executive Officer, Director | Rohit Bhardwaj Chief Financial Officer | Bramora Rebello Vice President of Human Resources |
| Tim Montgomery Group Vice President - Manufacturing and Engineering | Alan Robinson Group Vice President - Commercial | Susan M. Pare General Counsel, Corporate Secretary |
| Business Overview |
| Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Chemtrade Logistics Income Fund revenues increased 2% to C$1.85B. Net income increased from C$109.1M to C$249.3M. Revenues reflect EC segment increase of 4% to C$769.6M, SWC segment increase of less than 1% to C$1.08B, United States segment increase of 3% to C$1.16B, South America segment increase of 4% to C$105.8M. Net income benefited from EC segment income increase of 44% to C$255.6M. |
| Employees: | 1,410 as of Dec 31, 2022 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $1,875M as of Dec 31, 2023 |
| Annual revenue (TTM): | $1,847M as of Dec 31, 2023 |
| EBITDA (TTM): | $500.37M as of Dec 31, 2023 |
| Net annual income (TTM): | $249.32M as of Dec 31, 2023 |
| Free cash flow (TTM): | $177.04M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $842.43M as of Dec 31, 2023 |
| Shares outstanding: | 117,169,908 as of Feb 28, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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