Horan and McConaty funeral Service

TO) ("PLC") released its first quarter results for 2019 ("Q1 2019"). " data-reactid="12" TORONTO , May 14, 2019 /CNW/ - Today, Park Lawn Corporation (PLC.TO) ("PLC") released its first quarter results for 2019 ("Q1 2019"). PLC (CNW Group/Park Lawn Corporation)Q1 2018"). " data-reactid="33" PLC's revenue increased year-over-year by 84.3% to $50,152,985 in Q1 2019, as compared to $27,206,240 in the first quarter of 2018 ("Q1 2018"). At the same time, net earnings attributable to PLC shareholders increased to $3,325,247 in Q1 2019 from $1,672,978 in Q1 2018. On a fully-diluted per share basis, net earnings attributable to PLC shareholders was $0 .141 in Q1 2019 compared with $0.108 for the same period in 2018.As with previous reporting periods, net earnings have been impacted by certain one-time, non-recurring or non-cash revenue and expense items. After accounting for the impact of these one-time items:Adjusted Net Earnings attributable to PLC shareholders for Q1 2019 increased by 83.0% to $ 5,168,737 from $2,823,727 in Q1 2018, which on a fully-diluted per share basis was $0.219 compared to $0.182 , a 20.3% increase year-over-year.Adjusted EBITDA attributable to PLC shareholders for Q1 2019 was $11,736,397 compared to $5,803,488 in Q1 2018, which represents a year-over-year increase of 102.2%. On a fully diluted per share basis, Adjusted EBITDA was $0.497 for Q1 2019 compared to $0.375 which represents an increase of 32.5%.Adjusted EBITDA margin increased to 23.7% in Q1 2019 from 21.7% for the same period in 2018." data-reactid="40" "PLC continued to show strong operating results for the first quarter of 2019, which were in line with management's expectations. PLC had a very busy and productive start to the year on the acquisition front and at the same time we continued to improve our margins and delivered strong per share growth for our shareholders," said Andrew Clark , PLC's Chairman & Chief Executive Officer.During the first part o...

S. markets of Missouri and Colorado  " data-reactid="11" Significantly increases footprint and presence in the attractive U.S. markets of Missouri and Colorado  PLC.TO) ("PLC" or the "Company") is pleased to announce that it has entered into definitive agreements to acquire all of the outstanding stock and membership interests of two U.S. businesses: Horan & McConaty Funeral Services, Inc. ("Horan") and The Baue Funeral Home Co. ("Baue"),  for an aggregate total purchase price of approximately US$101.5 million in cash, subject to customary working capital adjustments." data-reactid="12" TORONTO , May 8, 2019 /CNW/ - Park Lawn Corporation (PLC.TO) ("PLC" or the "Company") is pleased to announce that it has entered into definitive agreements to acquire all of the outstanding stock and membership interests of two U.S. businesses: Horan & McConaty Funeral Services, Inc. ("Horan") and The Baue Funeral Home Co. ("Baue"),  for an aggregate total purchase price of approximately US$101.5 million in cash, subject to customary working capital adjustments.Park Lawn Corporation (CNW Group/Park Lawn Corporation)"The acquisitions of Horan and Baue are a unique and extremely exciting opportunity for Park Lawn . Horan and Baue are preeminent funeral home and cemetery businesses in two large metropolitan markets in the U.S., serving their respective communities for generations. I am delighted that both families will remain involved in the businesses into the future," said Andrew Clark , Chairman & Chief Executive Officer of PLC. "Culturally, the Horan and Baue teams are a great fit with PLC, and provide further evidence that we are a premier partner for business succession in the industry"."Over the past four generations, four values have defined how we serve our client families, our community and our team members every day:  honesty, excellence, compassion and respect.  PLC's commitment to these same core values guarante...