The Boyd Group (TSE: BYD.UN), the multiple collision repair facility operator and glass service provider, reported its financial results for both the fourth quarter of 2015 and the full year yesterday. The company also provided guidance for 2016 and a long-term projection of future growth.
For the year, sales increased by 39.1 percent to CA$1.2 billion (899.5 million) from CA$844.1 million ($646.7 million) in 2014. Same-store sales, excluding foreign exchange) increased to CA$748.6 million ($573.5 million) and increase of 5.6 percent during the period.
Adjusted EBITDA (earnings before interest, income taxes, depreciation and amortization, adjusted for the fair value) increased