Carmanah Reports First Quarter 2019 Results

Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) today reported its first quarter 2019 financial results for the period ended March 31, 2019.
Read More

Carmanah Announces Receipt of Non-Binding Proposal to Purchase Outstanding Shares

Carmanah Technologies Corporation (TSX: CMH) (the “Company” or “Carmanah”) announced that it has received a non-binding proposal (the “Proposal”) from entities controlled by James Meekison and Terry Holland to purchase all shares of Carmanah not already owned or controlled by Mr. Meekison or Mr. Holland at a price of $7.35 per share, payable in cash.
Read More

Carmanah Announces Release Date for First Quarter 2019 Financial Results and Conference Call

Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) will release its first quarter 2019 financial results on Thursday May 8th, 2019 after market close.
Read More

Carmanah Publishes 2018 Corporate Social Responsibility Report

Carmanah's 2018 Corporate Social Responsibility Report outlines our triple bottom line commitment to people, planet, and profit.
Read More

Carmanah Reports Fourth Quarter, and Fiscal 2018 Results

Read More

Carmanah Announces Release Date for Fourth Quarter 2018 Financial Results and Conference Call

Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) will release its fourth quarter 2018 financial results on Wednesday March 27th, 2019 after market close. Carmanah has scheduled a conference call for analysts at 6:00 am PT (9:00 am ET) on Thursday March 28th, 2019.
Read More

Carmanah Completes Asset Sale to SPX Corporation

Carmanah Technologies Corporation (TSX:CMH) (the “Company” or “Carmanah”), announced today that it has completed the sale of a significant portion of the assets of the Company to SPX Corporation for USD $77.0 million, as previously announced on December 12, 2018 and as approved by Carmanah shareholders at a special meeting held on January 22, 2019.
Read More

Carmanah Announces Results of Special Meeting

Carmanah Technologies Corporation (TSX:CMH) (the “Company” or “Carmanah”) today announced the voting results from its special meeting held on January 22, 2019.
Read More

Carmanah Announces Agreement to Sell Assets to SPX Corporation

Carmanah Technologies Corporation (TSX:CMH) (the “Company” or “Carmanah”), announced today that it has entered into a purchase agreement (the “Agreement”) regarding the sale of a significant portion of the assets of the Company to SPX Corporation (“SPX”) for USD $77.0 million.
Read More

Carmanah Reports Third Quarter 2018 Results

Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) today reported its third quarter financial results for the period ended September 30, 2018.  Currency amounts are in U.S. dollars unless otherwise noted and are for Carmanah’s continuing operations which exclude the operating results from the Company’s Power Division segment which was divested by way of two separate transactions in 2017. In the third quarter of 2018, Carmanah generated overall revenues of USD $12.9 million, down USD $1.6 million or 11.3% over the third quarter of 2017 revenues of USD $14.5 million.  Of overall revenues, the Company’s Signals segment declined USD $2.1 million or 15.1% in the quarter while the Company’s Illumination segment increased by USD $0.5 million or 68.3% on a comparative basis. The third quarter 2018 Signals segment revenue varied as follows: ·         The Company’s Germany based Sabik Offshore division incurred a decrease in revenues primarily due to offshore wind project delays in Europe.
Read More