Latin America - Enerflex
Latin America - Enerflex
Latin America - Enerflex
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Historical Financial PerformancePro forma un-audited results based on legacy <strong>Enerflex</strong> and legacy TESI results*in C$ thousands(unless otherwise indicated)2010 2009 2008Revenue $1,125,220 $1,554,640 $1,873,634Gross Margin 195,015 284,152 391,275Gross Margin (%) 17.3% 18.3% 20.9%Net Income after Taxes 25,419 83,840 132,435EBIT 56,919** 111,879 184,586EBITDA $96,032 $148,285 $218,625*Source: Appendix J of the Toromont Industries Ltd. Management Information Circular dated April 11, 2011.**Includes gain on sale of $18.6 million related to Toromont’s acquisition of <strong>Enerflex</strong> System Income Fund.27