Bird Announces 2024 Fourth Quarter and Annual Results; Delivers $0.6B Revenue Growth, 6.3% ADJ. EBITDA Margin, and Affirms 2025-2027 Strategic Plan Targets

MISSISSAUGA, Ontario, March 12, 2025 (GLOBE NEWSWIRE) -- “Bird’s exceptional revenue and profitability growth in 2024, delivering almost $600 million of additional revenue while increasing our Adjusted EBITDA Margin by 1.3% to 6.3%, is the direct result of strategic changes we’ve made over the past several years to diversify our business, expand our capabilities and geographical reach, and risk-balance our work program with more collaborative contracting structures. These changes have created an economically resilient foundation that is prepared to achieve the Company's 2025-2027 growth and profitability targets," stated Teri McKibbon, President and CEO of Bird Construction. "Bird's focus on key Canadian market sectors, our dedicated and experienced One Bird team, and our collaborative client approach position the Company well to manage potential impacts from near-term economic and geopolitical uncertainty, and to continue to deliver long-term shareholder value."

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