Algoma Central Corporation Reports Financial Performance for Fiscal 2022

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Feb 27, 2023

Algoma Central Corporation (TSX: ALC) ("Algoma", the "Company") today reported its results for the year ended December 31, 2022. Algoma delivered strong fiscal 2022 results with revenues of $677,942, a 13% increase compared to 2021. The Company also reported a 46% increase in net earnings and an 8% increase in EBITDA(1).All amounts reported below are in thousands of Canadian dollars, except for per share data and where the context dictates otherwise.