GFL Environmental sees revenue, net income grow in second quarter

VAUGHAN, Ont. — GFL Environmental Inc. says its net income from continuing operations was $293.8 million in the second quarter, up from $82.6 million a year earlier.

The Vaughan, Ont.-based company says revenue for the quarter ended June 30 was $1.9 billion, up from $1.7 billion during the second quarter last year. 

Diluted earnings per share from continuing operations were 72 cents, up from 17 cents a year earlier. 

Adjusted earnings before interest, taxes, depreciation and amortization were $540.7 million for the quarter, up from $453.3 million last year. 

The company says it has completed 16 acquisitions so far this year.

GFL says it's increasing its guidance for the full financial year. 

(C) The Canadian Press