Company Algoma Central Corporation

Equities

ALC

CA0156441077

Marine Freight & Logistics

Market Closed - Toronto S.E. 03:59:05 2024-04-26 pm EDT 5-day change 1st Jan Change
14.6 CAD -0.31% Intraday chart for Algoma Central Corporation -1.95% -2.34%

Business Summary

Algoma Central Corporation is a Canada-based marine shipping company. The Company owns and operates a fleet of dry and liquid bulk carriers’, serving markets throughout the Great Lakes St. Lawrence Seaway and internationally. Its Domestic Dry-Bulk segment includes the Company’s 18 Canadian dry-bulk carriers. This segment serves industrial sectors, including iron and steel producers, aggregate producers, cement and building material producers, salt producers and agricultural product distributors. The Product Tankers segment fleet consist of seven product tankers employed in Canadian flag service and one international tanker operating in Canada. Its Ocean Self-Unloaders segment consists of eight ocean-going self-unloading vessels and a 25% interest in a ninth selfunloader. Its Global Short Sea Shipping segment, which consists of the Company's NovaAlgoma joint ventures, focuses on niche marine transportation markets featuring specialized equipment or services.

Number of employees: 1,600

Sales per Business

CAD in Million2022Weight2023Weight Delta
Domestic Dry-Bulk
56.6 %
360 53.1 % 408 56.6 % +13.34%
Ocean Self-Unloaders
24.7 %
194 28.6 % 178 24.7 % -8.10%
Product Tankers
18.3 %
119 17.5 % 132 18.3 % +11.36%
Corporate Segment
0.4 %
2 0.4 % 3 0.4 % +16.50%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
74.5 %
527 77.7 % 537 74.5 % +2.03%
United States
25.5 %
151 22.3 % 184 25.5 % +21.54%

Managers

Managers TitleAgeSince
Chief Executive Officer - 14-12-31
Director of Finance/CFO - 10-09-20
Chief Administrative Officer - 17-12-31
Chief Operating Officer - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 12-12-31
Human Resources Officer - 07-12-31
Corporate Officer/Principal - -
Corporate Secretary - 11-12-14

Members of the board

Members of the board TitleAgeSince
Chairman 56 96-12-31
Director/Board Member - 98-12-31
Director/Board Member - 15-05-31
Director/Board Member 60 -
Director/Board Member - 10-08-31
Director/Board Member 62 02-12-31
Director/Board Member - 13-05-02
Director/Board Member 56 22-12-31
Chief Executive Officer - 14-12-31
Director/Board Member - 20-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 39,523,062 17,370,906 ( 43.95 %) 0 43.95 %

Shareholders

NameEquities%Valuation
Amogla Holdings Ltd.
29.99 %
11,550,460 29.99 % 125 M $
10,515,220 27.31 % 114 M $
Morgan, Meighen & Associates Ltd.
0.8621 %
332,000 0.8621 % 4 M $
J. Newton
0.2558 %
98,498 0.2558 % 1 M $
30,000 0.0779 % 325 800 $
Crusader Asset Management, Inc.
0.0467 %
18,000 0.0467 % 195 480 $
17,517 0.0455 % 190 235 $
Dimensional Fund Advisors Ltd.
0.0451 %
17,365 0.0451 % 188 584 $
Sceptre Investment Counsel Ltd. (Investment Management)
0.0390 %
15,000 0.0390 % 162 900 $
11,907 0.0309 % 129 310 $

Company contact information

Algoma Central Corp.

63 Church Street Suite 600

L2R 3C4, St. Catharines

+905 687 7888

http://www.algonet.com
address Algoma Central Corporation(ALC)

Sales per Business

Sales per region

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
14.6 CAD
Average target price
18.5 CAD
Spread / Average Target
+26.71%
Consensus

Quarterly revenue - Rate of surprise

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