Altus Group to Announce First Quarter Financial Results on May 7, 2014 and Hold its Annual and Special Meeting of Shareholders on April 28, 2014
TORONTO, ONTARIO–(Marketwired – April 3, 2014) – Altus Group Limited (“Altus Group” or “the Company”) (TSX:AIF) announced today that it plans to release its first quarter financial results for the period ended March 31, 2014, after market close on Wednesday, May 7, 2014. Robert Courteau, Chief Executive Officer, and Angelo Bartolini, Chief Financial Officer of Altus Group will host a live conference call and webcast at 5:00 p.m. (ET) the same day to review the financial results for the quarter ended March 31, 2013 and discuss corporate developments for the period.
The Company also announced that it will hold its annual and special meeting of shareholders (the “Meeting”) on Monday, April 28, 2014 in Toronto, with proceedings and a live webcast scheduled to begin at 10:00 a.m. (ET). Information related to the Meeting can be found in Altus Group’s proxy-related materials, available on the Company’s website at: https://www.altusgroup.com/company/investor-relations. We value shareholder participation and encourage our shareholders to access the information and to vote by no later than Thursday, April 24, 2014, 5:00 p.m. (ET).
|The details for both events are as follows:|
|Q1 2014 Results Conference Call & Webcast|
|Date:||Wednesday, May 7, 2014|
|Time:||5:00 p.m. ET|
|Webcast:||https://www.altusgroup.com (under/Investor Relations)|
|Live Call:||1-866-226-1792 (toll-free) or 416-340-2216 (GTA & International)|
|Replay:||1-800-408-3053 or 905-694-9451 (passcode: 3688078)|
|Annual and Special Meeting of Shareholders|
|Date:||Monday, April 28, 2014|
|Time:||10:00 a.m. ET|
|Webcast:||https://www.altusgroup.com/ (under Investor Relations)|
|Location:||The Omni King Edward Hotel, 37 King Street East, Toronto|
|Voting Deadline:||Thursday, April 24, 2014, 5:00 p.m. (ET)|
About Altus Group Limited
Altus Group is a leading provider of independent commercial real estate consulting and advisory services, software and data solutions. We operate five interrelated Business Units, bringing together years of experience and a broad range of expertise into one comprehensive platform: Research, Valuation and Advisory; ARGUS Software; Property Tax Consulting; Cost Consulting and Project Management and Geomatics. Our suite of services and software enables clients to analyze, gain insight and recognize value on their real estate investments.
Altus Group has over 1,800 employees in multiple offices around the world, including Canada, the United States, the United Kingdom, Australia and Asia Pacific. Altus Group’s clients include financial institutions, private and public investment funds, insurance companies, accounting firms, public real estate organizations, real estate investment trusts, healthcare institutions, industrial companies, foreign and domestic private investors, real estate developers, governmental institutions and firms in the oil and gas sector.
For more information, please visit www.altusgroup.com.
Certain information in this press release may constitute “forward-looking information” within the meaning of applicable securities legislation. All information contained in this press release, other than statements of current and historical fact, is forward-looking information. Forward-looking information includes information that relates to, among other things, its objectives, strategies and intentions, and future financial and operating performance and prospects. Generally, forward-looking information can be identified by use of words such as “may”, “will”, “expect”, “believe”, “plan”, “would”, “could” and other similar terminology. All of the forward-looking information in this press release is qualified by this cautionary statement.
Forward-looking information includes, but is not limited to, the discussion of Altus Group’s business and operating initiatives; its expectations of future performance for its various business units and its consolidated financial results; and its expectations with respect to cash flows and its level of liquidity; and its expectations as to the acquisition of MGI and its future operating performance and prospects.
Forward-looking information is not, and cannot be, a guarantee of future results or events. Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by Altus Group at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies and other factors that may cause actual results, performance or achievements, industry results or events to be materially different from those expressed or implied by the forward-looking information. The material factors or assumptions that were identified and were applied by Altus Group in drawing conclusions or making forecasts or projections set out in the forward-looking information include, but are not limited to: the successful execution of Altus Group’s business strategies (including the success of its initiatives and the acquisition of MGI); consistent and stable economic conditions or conditions in the financial markets; consistent and stable legislation in the various countries in which Altus Group operates; no disruptive changes in the technology environment; the opportunity to acquire accretive businesses; the successful integration of Altus Group’s businesses; and the continued availability of qualified professionals.
Inherent in the forward-looking information are known and unknown risks, uncertainties and other factors that could cause Altus Group’s actual results, performance or achievements, or industry results, to differ materially from any results, performance or achievements expressed or implied by such forward-looking information. Those risks, uncertainties and other factors that could cause actual results to differ materially from the forward-looking information include, but are not limited to: general state of the economy; competition in the industry; ability to attract and retain professionals; commercial real estate market; integration of acquisitions; oil and gas sector; Canadian multi-residential market; customer concentration; currency risk; interest rate risk; reliance on larger software transactions with longer and less predictable sales cycles; success of new product introductions; ability to respond to technological change and develop products on a timely basis; ability to maintain profitability and manage growth; revenue and cash flow volatility; credit risk; protection of intellectual property or defending against claims of intellectual property rights of others; weather; fixed-price and contingency engagements; operating risks; performance of obligations/maintenance of client satisfaction; appraisal mandates; information technology governance and security; legislative and regulatory changes; risk of future legal proceedings; insurance limits; income tax matters; ability to meet solvency requirements to pay dividends; leverage and restrictive covenants; unpredictability and volatility of common share price; capital investment; and issuance of additional common shares diluting existing shareholders’ interests, as well as those described in Altus Group’s publicly filed documents, including the Annual Information Form (which are available on SEDAR at www.sedar.com).
Given these risks, uncertainties and other factors, investors should not place undue reliance on forward-looking information as a prediction of actual results. The forward-looking information reflects management’s current expectations and beliefs regarding future events and operating performance and is based on information currently available to management. Although Altus Group has attempted to identify important factors that could cause actual results to differ materially from the forward-looking information contained herein, there are other factors that could cause results not to be as anticipated, estimated or intended. The forward-looking information contained herein is current as of the date of this press release and, except as required under applicable law, Altus Group does not undertake to update or revise it to reflect new events or circumstances. Additionally, Altus Group undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Altus Group, its financial or operating results, or its securities.
Camilla BartosiewiczBartosiewicztoronto-hqVice President, Investor Relations