CALGARY, ALBERTA — (Marketwired) — 11/17/14 — CERF Incorporated (the “Company” or “CERF”) (TSX VENTURE: CFL) today announced its financial and operating results for the three and nine months ended September 30, 2014.
Selected Q3 2014 Financial Highlights for the Three and Nine Months Ended September 30, 2014 are as follows:
FINANCIAL HIGHLIGHTS
Revenue
Net Income
Adjusted EBITDA(1)
(1) See Financial Measures Reconciliations on page 5 of CERF–s Third Quarter 2014 MD&A and see accompanying notes to the Condensed Consolidated Interim Financial Statements.
Dividends
Corporate
OPERATING HIGHLIGHTS
Energy Services – Oilfield Rentals Segment
Industrials – Equipment Rental & Waste Management Segments
Summary of Third Quarter Consolidated Financial Results
Full details of the Company–s financial results, in the form of the unaudited, condensed, consolidated interim financial statements and notes for the three months ended September 30, 2014 and Management–s Discussion and Analysis of the results are available on SEDAR at and on the Company–s website at .
About CERF Incorporated
CERF is a Canadian public corporation with two primary divisions: energy services and industrials. The energy services division is engaged in the rental of surface rentals, down-hole equipment and accommodations to the Western Canadian Oil and Gas Industry. The industrials division is engaged in the rental of industrial and construction equipment and waste management. CERF has paid consecutive quarterly dividends since 2006 and trades on the TSX Venture Exchange under the symbol “CFL”. CERF currently has 36,213,947 common shares issued and outstanding.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
CERF Incorporated
Wayne Wadley
President and CEO
(403) 850-4095
CERF Incorporated
Derrek Wong
Vice President, Finance and CFO
(403) 354-5440