Strong Financial Performance in 2024
ATCO achieved adjusted earnings of $481 million, which is $49 million and over 11% higher than the previous year.
Cash Flow Growth
Cash flow from operating activities was $280 million in 2024, up over 50% from the prior year.
Structures & Logistics Growth
Adjusted earnings in 2024 were $14 million higher compared to the prior year, driven by increased global space rental activity and improved workforce housing trade sale performance.
Neltume Ports Contribution
Neltume Ports delivered consistent results with adjusted earnings $2 million higher than the prior year, focusing on growth and capital deployment.
ATCO Structures Expansion
ATCO Structures delivered adjusted earnings of $108 million, marking the tenth consecutive quarter of year-over-year adjusted earnings growth. The global space rentals business increased fleet size by 53% and rental rates by 38% over the last 5 years.