A director at Element Fleet Management Corp sold 35,000 shares at 31.504CAD and the significance rating of the trade was 80/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two...
Element Announces Annual Meeting Voting Results TORONTO, May 02, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, confirmed today that all ten nominees listed in its management information circular dated March 19, 2025 were elected as directors at the Annual Meeting of Shareholders held on May 2, 2025 (the “Meeting”), with each director receiving strong support as demonstrated by the results below. A total of 349,202,443 common shares (approximately 86.53% of the ou...
Element Reports Solid First Quarter 2025 Results Amounts in US$ unless otherwise noted Solid Q1 2025 performance in uncertain market conditions reflects the strength of the Company's business model and financial and operational resilience Net revenues grew 5% year-over-year driven by growth across all categories despite an unfavourable foreign currency translation impact of $17 million and Q1 2024 services revenue benefitting from $7 million in certain items (as previously disclosed) Q1 2025 adjusted operating expense2,3 growth moderated to 5% year-over-year Excluding the $7 million in ...
Vehicle Ordering and Replacement: A Growing Focus for Fleet Managers According to Element 2025 Market Pulse Report 61 per cent are prioritizing lowering total cost of ownership to offset inflation 73 per cent are prioritizing vehicle ordering and replacement 60 per cent of respondents without existing EV initiatives are interested in adding hybrid vehicles or other alternative fuel vehicles TORONTO, April 16, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) ("Element" or the "Company"), the largest publicly traded, pure-play automotive fleet manager in the world, toda...
Element Appoints Claire M. Murphy to Chief Legal and Sustainability Officer TORONTO, April 03, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) ("Element" or the "Company"), the largest publicly traded, pure-play automotive fleet manager in the world, is pleased to announce the promotion of Claire M. Murphy to Executive Vice President, Chief Legal and Sustainability Officer. “Claire is a passionate, meticulous and empathetic leader who has played an integral role helping to establish our new leasing centre of excellence in Ireland," said Laura Dottori-Attanasio, CEO, Ele...
Element to Announce Q1 2025 Results and Host Conference Call on May 1, 2025 TORONTO, April 01, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, will hold its Q1 2025 results conference call and webcast for investors and analysts on Thursday, May 1, 2025 at 8:00 a.m. Eastern Time. Element’s financial results for the period will be issued after market close on Wednesday, April 30, 2025 and will be available on the Company’s website at . The conference call and webca...
Element and Arval Celebrate 30 Year Alliance with Release of New Insights Focused on the Future of Fleet and Mobility Fleet and mobility stakeholders continue their fleet electrification strategies, with 85 per cent of them now shifting their focus to charging solutions and strategies.91 per cent of companies anticipate their fleet will either remain stable or grow in the next three years. Nearly half of the companies recognize that mobility policies and solutions are important levers for talent acquisition and employee retention. TORONTO, March 27, 2025 (GLOBE NEWSWIRE) -- Element Fl...
Element Nominates Paolo Ferrari and Tracey McVicar for Election to the Board of Directors TORONTO, March 25, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, today announced that Paolo Ferrari and Tracey McVicar have been nominated to stand for election to the Company’s Board of Directors at its Annual General Meeting of Shareholders on May 2, 2025. They are being nominated to replace Andrew Clarke and Arielle-Meloul Wechsler who have decided not to stand for re-ele...
Element Announces Pricing of Private Offering of Senior Notes TORONTO, March 20, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest publicly traded pure-play automotive fleet manager in the world, today announced that it has agreed to sell US$650 million aggregate principal amount of 5.037% Senior Notes due 2030 (the “Notes”) in a private offering that will not be registered under the Securities Act of 1933, as amended (the “Securities Act”). The Notes will mature on March 25, 2030. The net proceeds from the offering are expected ...
Element Announces Proposed Private Offering of Senior Notes TORONTO, March 20, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest publicly traded pure-play automotive fleet manager in the world, today announced that it intends to sell senior unsecured notes (the “Notes”) in a proposed private offering that will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other conditions (the “Notes Offering”). The Company intends to use the net proceeds from the Notes Offering for wo...
Element Reports Fourth Quarter and Record 2024 Financial Results; Reaffirms Full-Year 2025 Guidance Amounts in US$ unless otherwise noted Record 2024 net revenue of $1.1 billion driving record adjusted operating income, adjusted earnings per share and adjusted free cash flow per share Record performance in 2024 underpinned by an 18% year-over-year increase in services revenue, and a 9% year-over-year increase in net financing revenue associated with higher net earning assets Strong performance allowed for acceleration of strategic investments to position us for future success while deliv...
Element Launches Risk Solutions Offering with Insurance Element Risk Solutions, which will be available in the United States and Canada, combines insurance coverage placement with industry-leading claims management and advisory services. TORONTO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) ("Element" or the "Company"), the largest publicly traded, pure-play automotive fleet manager in the world, today announces the launch of Element Risk Solutions - a fully integrated risk management offering. This new service, which Element is launching in a strategic pa...
Element to Announce Q4 and Full-Year 2024 Results and Host Conference Call on February 27, 2025 TORONTO, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, will hold its Q4 2024 and full-year 2024 results conference call and webcast for investors and analysts on Thursday, February 27, 2025 at 8:00 a.m. Eastern Time. Element’s financial results for the period will be issued after market close on Wednesday, February 26, 2025 and will be available on the Compan...
Element Receives SBTi Validation of Near-Term Targets TORONTO, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) ("Element" or the "Company"), the largest publicly traded, pure-play automotive fleet manager in the world announces the validation of its science-based targets by the Science Based Targets initiative (SBTi), available at sciencebasedtargets.org. This milestone underscores Element’s commitment to emissions reduction, demonstrating continued leadership in sustainability within the fleet management industry. The SBTi promotes science-based greenhouse g...
Laura Dottori-Attanasio Named 2024 New CEO of the Year TORONTO, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) ("Element" or the "Company"), the largest publicly traded, pure-play automotive fleet manager in the world is proud to announce that its Chief Executive Officer Laura Dottori-Attanasio has been awarded the prestigious title of “New CEO of the Year” by the Globe and Mail’s Report on Business magazine. Since assuming the Element CEO role in May 2023, Ms. Dottori-Attanasio and her leadership team have made pivotal investments in the business includ...
2024 Global Electrification Report: Decarbonization Insights for Commercial Fleets Actionable strategies to reduce fleet carbon emissions include reducing idling, optimizing vehicle and fleet sizes, and deploying low- and zero-emission vehicles.A robust change management plan can significantly contribute to decarbonization efforts, ensuring stakeholder engagement, policy updates, and effective transition roadmaps.Light-duty EVs now offer comparable performance and economic advantages compared to traditional ICE vehicles. TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Today, Element Fleet M...
Element Announces Renewal of Normal Course Issuer Bid NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Amounts in CAD unless otherwise noted • Permitted to purchase the maximum number of EFN Common Shares under the TSX rules TORONTO, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to renew its normal course issuer bid (the “NCIB”) for its issued and outstanding common shares (the “Co...
Element Reports Record Third Quarter Results, Raises Common Dividend, and Provides Full-Year 2025 Guidance Amounts in US$ unless otherwise noted Generates record quarterly net revenue of $280 million; an increase of 12% year-over-year led by double-digit growth across all revenues categoriesDelivers adjusted EPS of $0.29 and adjusted free cash flow per share of $0.36Raises common dividend by 8% from CAD$0.48 to CAD$0.52 per share annually and announces intention to renew Normal Course issuer Bid ("NCIB")Completes acquisition of Autofleet, accelerating digital strategyGuides to net revenue ...
Element Welcomes New Chief Data and Analytics Officer, Evelyne Roy TORONTO, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, is excited to announce the appointment of Evelyne Roy as its new Chief Data and Analytics Officer. In this role, Ms. Roy will be accountable for designing and building scalable data and analytics systems that enable insights and responsible AI to optimize business operations, drive growth, improve safety, and ensure an exceptional cli...
Element to Announce Q3 2024 Results and Host Conference Call on November 14, 2024 TORONTO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest publicly traded, pure-play automotive fleet manager in the world, will hold its Q3 2024 results conference call and webcast for investors and analysts on Thursday, November 14, 2024 at 8:00 a.m. Eastern Time. Element’s financial results for the period will be issued after market close on Wednesday, November 13, 2024 and will be available on the Company’s website at . The conference ...
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