Latest news with #Boralex
Yahoo
2 days ago
- Business
- Yahoo
Boralex Second Quarter 2025 Earnings: Misses Expectations
Explore Boralex's Fair Values from the Community and select yours Boralex (TSE:BLX) Second Quarter 2025 Results Key Financial Results Revenue: CA$197.0m (up 4.2% from 2Q 2024). Net loss: CA$10.0m (down by 191% from CA$11.0m profit in 2Q 2024). EPS: CA$0.10 (down from CA$0.11 in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Boralex Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 8.8%. Earnings per share (EPS) also missed analyst estimates. Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Renewable Energy industry in Canada. Performance of the Canadian Renewable Energy industry. The company's shares are down 5.1% from a week ago. Risk Analysis Before you take the next step you should know about the 2 warning signs for Boralex that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Boralex announces the appointment of André Courville as Chair of the Board of Directors
André Courville MONTREAL, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. ('Boralex' or the 'Company') (TSX: BLX) announces the appointment of Mr. André Courville as Chair of the Board of Directors. He will officially succeed Mr. Alain Rhéaume on September 30, following Mr. Rhéaume's retirement announced last June after 15 years of service on the Board, including eight as Chair. Following the announcement of Mr. Rhéaume's retirement, the Board's Governance Committee diligently initiated and completed the selection process for his successor. Mr. Courville, who has served on Boralex's Board of Directors since 2019, will now take the helm as Boralex embarks on a new strategic cycle following the unveiling of its 2030 Strategy last June. 'I am pleased to pass the torch to André Courville to lead Boralex toward new achievements. André is the right person to succeed me and to assume a value-creating chairmanship for Boralex. His extensive international experience with large and growing companies, as well as his background as a corporate director, will enable him to provide the essential leadership needed to achieve Boralex's strategic and financial objectives,' said Alain Rhéaume. 'I accept this important mandate with pleasure and humility, and I thank my fellow Board members for their trust. I deeply believe in Boralex's mission, and I intend to rely on each of my fellow directors, whose diverse and complementary expertise supports the management team and the company in executing its 2030 Strategy,' said André Courville. 'On behalf of all Boralex employees and business partners, I would like to once again express my gratitude for Alain Rhéaume's tremendous contribution to the Company's success, and I warmly welcome Mr. André Courville to his new role. Mr. Courville can count on the support of the Executive Committee during this transition, and on our unwavering commitment to Boralex's success,' said Patrick Decostre, President and Chief Executive Officer of Boralex. For more information on the Board of Directors and its governance practices, please visit the Boralex website. About Boralex At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France's largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has increased by more than 50% to 3.2 GW. We are developing a portfolio of projects in development and construction of 8.2 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, discipline, expertise and diversity, we continue to be an industry leader. Boralex's shares are listed on the Toronto Stock Exchange under the ticker symbol BLX. For more information, visit or Follow us on Facebook and LinkedIn. For more information MEDIA INVESTOR RELATIONS Camille LaventureSenior Advisor, Public Affairs and External CommunicationsBoralex Inc.438 Coline DesurmontDirector, Investor RelationsBoralex Inc.+33 7 85 37 75 A photo accompanying this announcement is available at in to access your portfolio
Toronto Star
4 days ago
- Business
- Toronto Star
Boralex announces the departure of its Chief Financial Officer
MONTREAL, Aug. 08, 2025 (GLOBE NEWSWIRE) — Boralex Inc. ('Boralex' or the 'Company') (TSX: BLX) announces that Bruno Guilmette, Executive Vice President and Chief Financial Officer, has chosen to take on new challenges by accepting a new professional opportunity, after nearly seven years with the Company. He will remain as Chief Financial Officer until September 12, 2025, to ensure a smooth transition. A respected leader, Bruno Guilmette has played a key role in Boralex's financial evolution over the past six years—a period marked by strong growth and the implementation of a strategic plan that enabled the company to double in size. He brought a disciplined vision of financial management and a renewed approach to capital markets. Under his leadership, the Company completed several transactions and financings, including the sale to Energy Infrastructure Partners of a 30% stake in Boralex's operating assets and development projects in France. He led the implementation of a solid, flexible, and diversified financial structure for the Company—an essential asset in the execution of the new 2030 Strategy unveiled last June.
Yahoo
4 days ago
- Business
- Yahoo
Boralex announces the departure of its Chief Financial Officer
MONTREAL, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Boralex Inc. ('Boralex' or the 'Company') (TSX: BLX) announces that Bruno Guilmette, Executive Vice President and Chief Financial Officer, has chosen to take on new challenges by accepting a new professional opportunity, after nearly seven years with the Company. He will remain as Chief Financial Officer until September 12, 2025, to ensure a smooth transition. A respected leader, Bruno Guilmette has played a key role in Boralex's financial evolution over the past six years—a period marked by strong growth and the implementation of a strategic plan that enabled the company to double in size. He brought a disciplined vision of financial management and a renewed approach to capital markets. Under his leadership, the Company completed several transactions and financings, including the sale to Energy Infrastructure Partners of a 30% stake in Boralex's operating assets and development projects in France. He led the implementation of a solid, flexible, and diversified financial structure for the Company—an essential asset in the execution of the new 2030 Strategy unveiled last June. To ensure a robust interim period, Stéphane Milot, Vice President of Investor Relations and Financial Planning & Analysis, will assume the role of Executive Vice President and Chief Financial Officer starting September 13, 2025. Mr. Milot has been with Boralex and has worked closely with Bruno Guilmette for over six years. Relying on the existing team, his extensive experience, his recognized leadership across the Company, and his deep expertise in financial markets and investor relations, he will ensure business continuity. 'I commend Bruno's valuable contribution and dedication since the beginning of his tenure. Among other achievements, Bruno played a key role—alongside all Boralex teams—in reaching the financial targets of our 2025 Strategic Plan, entering a new market in Europe, closing numerous projects and financings, and many other milestones that have placed us on a strong financial trajectory. Thanks to his clear vision and unwavering commitment, we are entering our new strategic cycle in a solid financial position,' said Patrick Decostre, President and Chief Executive Officer of Boralex. 'It has been a great pleasure to serve as Chief Financial Officer of Boralex and work with such a good group of dedicated colleagues. I am making this transition with full confidence, knowing I leave behind a strong, experienced, and committed team. Under Stéphane's leadership, this team will carry forward the work initiated to execute the 2030 Strategy with ambition and discipline. The company is in good financial health, supported by a solid balance sheet, and possesses all the skills and assets needed to seize upcoming opportunities. I look back on this journey with great pride,' said Mr. Guilmette. The recruitment process to permanently fill the position is currently underway. Both internal and external applications will be carefully evaluated, with the goal of entering Boralex's new strategic cycle with strong and inspiring leadership within the executive team, while maintaining the financial discipline and sustained growth momentum fostered by Mr. Guilmette. Caution Regarding Forward-Looking Statements Some of the statements contained in this press release, including, without limitation, those relating to the process of selecting a replacement for the position of Executive Vice President and Chief Financial Officer, are forward-looking statements based on current expectations, within the meaning of securities legislation. Boralex would like to point out that, by their very nature, forward-looking statements involve risks and uncertainties such that its results or the measure it adopts could differ materially from those indicated by or underlying these statements, or could have an impact on the degree of realization of a particular forward-looking statement. Unless otherwise specified by the Company, the forward-looking statements do not take into account the possible impact on its activities, transactions, non-recurring items or other exceptional items announced or occurring after the statements are made. There can be no assurance as to the materialization of the results, performance, or achievements as expressed or implied by forward-looking statements. The reader is cautioned not to place undue reliance on such forward-looking statements. Unless required to do so under applicable securities legislation, Boralex management does not assume any obligation to update or revise forward-looking statements to reflect new information, future events or other changes. About Boralex At Boralex, we have been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France's largest independent producer of onshore wind power, we also have facilities in the United States and development projects in the United Kingdom. Over the past five years, our installed capacity has increased by more than 50% to 3.2 GW. We are developing a portfolio of projects in development and construction of 8.2 GW in wind, solar and storage projects, guided by our values and our corporate social responsibility (CSR) approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. Thanks to our fearlessness, discipline, expertise and diversity, we continue to be an industry leader. Boralex's shares are listed on the Toronto Stock Exchange under the ticker symbol BLX. For more information, visit or Follow us on Facebook and LinkedIn. For more information MEDIA INVESTOR RELATIONS Camille LaventureSenior Advisor, Public Affairs and External CommunicationsBoralex Inc.438 Coline DesurmontDirector, Investor RelationsBoralex Inc.+33 7 85 37 75 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Toronto Star
6 days ago
- Business
- Toronto Star
REMINDER: Boralex will release its 2025 second quarter financial results on August 8, at 11 a.m.
MONTREAL, Aug. 06, 2025 (GLOBE NEWSWIRE) — Boralex inc. ('Boralex' or the 'Company') (TSX: BLX) announces that the release of the 2025 second quarter results will take place on Friday, August 8, 2025, at 11 a.m. Financial analysts and investors are invited to attend a conference call during which the financial results will be presented.
