Bird Announces 2025 Second Quarter Results; Delivers Strong Margin Accretion and Record Backlog

MISSISSAUGA, Ontario, Aug. 13, 2025 (GLOBE NEWSWIRE) -- “Bird continues to execute on its 2025-2027 Strategic Plan, focusing on sectors that have long-term demand drivers, and maintaining a risk balanced and highly collaborative work program that will drive growth and continued margin accretion. Even though the Company’s second quarter was impacted by temporary project delays as our clients adapted to rapidly changing market conditions, these same clients awarded us additional scopes and work packages, giving us confidence that the work programs will proceed in the future once there is greater clarity on cost and economic conditions,” stated Teri McKibbon, President and CEO of Bird Construction. “While Bird’s third quarter is expected to be impacted by similar delays, the Company is well positioned to capitalize on our record $4.6 billion Backlog once near-term market uncertainty resolves. Based on the strength of our record combined backlog with accretive embedded margins, and the sheer scale of opportunities in front of us, our 2027 Strategic Plan targets remain solidly intact."

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