Canlan Ice Sports ( (TSE:ICE) ) has provided an update.
Canlan Sports reported record revenue and strong profit growth for the year ending December 31, 2024, with total operating revenue reaching $94.0 million, a 9.2% increase from the previous year. The company attributed this growth to strategic initiatives, particularly in food and beverage operations, and significant capital projects aimed at enhancing customer experiences. These projects included new golf/sports simulators, sports bar renovations, and new turf fields. Canlan’s investments in infrastructure and technology are expected to drive long-term growth and stability, benefiting shareholders and positioning the company for sustained success.
More about Canlan Ice Sports
Canlan Ice Sports Corp., operating under the name Canlan Sports, is a company in the recreational sports industry, primarily focusing on ice rinks and recreational facilities. They offer services such as surface rentals, tournament registrations, and food and beverage sales, with a market focus on enhancing customer experiences through facility improvements and innovative offerings.
YTD Price Performance: -0.66%
Average Trading Volume: 428
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$50.35M
Learn more about ICE stock on TipRanks’ Stock Analysis page.
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