Financial Post Magazine reveals their 2021 ranking of the 500 largest Canadian corporations by revenue
OTTAWA, June 17, 2021 – Calian® Group Ltd. (TSX: CGY), deliverer of trusted solutions across Advanced Technologies, Health, Learning and IT & Cyber Solutions segments, was listed on the FP500 for the first time in company history, ranking among the 500 largest Canadian corporations by revenue.
FP Magazine researches public firms, private companies, subsidiaries and Crown corporations to produce their annual ranking, the FP500. This year, Calian broke onto the list for the first time, ranking at #482 with $432 million in revenue in FY20.
“Calian has a long-standing history of financial stability, having just celebrated the 78th consecutive profitable quarter,” said Patrick Houston, Calian CFO. “We are committed to future growth and look forward to moving up the FP500 each year.”
2020 was the biggest year on record for Calian, with annual revenue of $432.3 million and adjusted EBITDA of $36.8 million, respectively growing 26% and 36% year over year. Full financial results are available here: http://bit.ly/calian2020.
“It is an honour for Calian to be recognized by FP Magazine alongside iconic Canadian companies. The company continues to grow year over year with a balance of organic and acquisitive growth, and this is a testament to our four pillar strategy, focusing on customer retention, customer diversification, continuous improvement and innovation. Congratulations to all of the companies named,” said Kevin Ford, Calian CEO.
View the full FP500 here: http://bit.ly/fp500cdn