Associated tags: EFN, TSX, Accident, EVS, Element
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Element TORONTO, April 19, 2022 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (Element), the largest pure-play automotive fleet manager in the world, today announced the publication of its second annual ESG report, titled Delivering Real Change.
Key Points:
- TORONTO, April 19, 2022 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (Element), the largest pure-play automotive fleet manager in the world, today announced the publication of its second annual ESG report, titled Delivering Real Change.
- The 2022 ESG Scorecard is a summary of the goals and metrics that Element has established based on four key pillars: Sustainability; Diversity, Equity and Inclusion; Safety and Satisfaction; and Governance.
- The business of fleet management positions Element at the heart of decarbonization one of the most important global ESG priorities, said Jay Forbes, President and CEO of Element.
- ESG is transformative work for Element and the fleet industry, said Jacqui McGillivray, Executive Vice President and Chief People and Social Impact Officer at Element.
A taped recording of the conference call may be accessed through June 10, 2022 by dialing 1-800-319-6413 or +1-604-638-9010 and entering the access code 8679.
Key Points:
- A taped recording of the conference call may be accessed through June 10, 2022 by dialing 1-800-319-6413 or +1-604-638-9010 and entering the access code 8679.
- About Element Fleet Management Corp.
- Element Fleet Management (TSX: EFN) is the largest pure-play automotive fleet manager in the world, providing the full range of fleet services and solutions to a growing base of loyal, world-class clients corporates, governments and not-for-profits across North America, Australia and New Zealand.
- Elements services address every aspect of clients fleet requirements, from vehicle acquisition, maintenance, accidents and remarketing, to integrating EVs and managing the complexity of gradual fleet electrification.
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Armada TORONTO, March 01, 2022 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest pure-play automotive fleet manager in the world, today announced financial and operating results for the three and twelve months ended December 31, 2021 reflecting achievement of the Company’s 2021 strategic growth objectives and the return of $644 million cash to common shareholders.
Key Points:
- Element grew 2021 net revenue 1.1% year-over-year as reported and 5.8% in constant currency, to $973.8 million.
- We comfortably achieved all our 2021 growth objectives despite an industry-first global vehicle shortage.
- This has allowed Element to significantly lower its tangible leverage ratio4 and at the same time return $644 million cash to shareholders in 2021.
- Element returned $644 million in cash to common shareholders in 2021 by repurchasing 39,002,033 common shares for cancellation pursuant to the Companys NCIB and paying $111million in common dividends.
Retrieved on:
Thursday, February 24, 2022
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Element As a trusted leader in global fleet management, Element is well-positioned to assist its clients in evaluating and adopting this new technology to advance their sustainability, strategic and economic objectives.
Key Points:
- As a trusted leader in global fleet management, Element is well-positioned to assist its clients in evaluating and adopting this new technology to advance their sustainability, strategic and economic objectives.
- Arc by Element adds a new EV solution to Elements existing, market-leading fleet management services.
- End-to-end EV fleet management: Elements full-service ICE fleet offering has been expanded to support the unique needs of EVs from upfront planning, acquisition and financing to the ongoing maintenance, power and accident management through to end-of-life remarketing.
- EV fleet transition strategy, planning and implementation: Arc by Element provides holistic support designed to give clients complete confidence in every single aspect of deploying their EV fleet.
A taped recording of the conference call may be accessed through April 2, 2022 by dialing 1-800-319-6413 or +1-604-638-9010 and entering the access code 8315.
Key Points:
- A taped recording of the conference call may be accessed through April 2, 2022 by dialing 1-800-319-6413 or +1-604-638-9010 and entering the access code 8315.
- About Element Fleet Management Corp.
- Element Fleet Management (TSX: EFN) is the largest pure-play automotive fleet manager in the world, providing the full range of fleet services and solutions to a growing base of loyal, world-class clients corporates, governments and not-for-profits across North America, Australia and New Zealand.
- Elements services address every aspect of clients fleet requirements, from vehicle acquisition and maintenance to accident recovery and remarketing.
Retrieved on:
Wednesday, November 10, 2021
TORONTO, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest pure-play automotive fleet manager in the world, today announced financial and operating results for the three and nine months ended September 30, 2021 showcasing the Company’s resilient business model, as well as a 19% common dividend increase, renewal of its normal course issuer bid ("NCIB"), and the Company's outlook on 2022 and 2023.
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Thursday, November 4, 2021
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Airline TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (Element), the largest pure-play automotive fleet manager in the world, today announced the launch of Element Connectivity Solutions, the most diverse ecosystem of telematics products, services and strategic alliances in the fleet management industry.
Key Points:
- TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (Element), the largest pure-play automotive fleet manager in the world, today announced the launch of Element Connectivity Solutions, the most diverse ecosystem of telematics products, services and strategic alliances in the fleet management industry.
- As part of this ecosystem, Element introduced two new products, QConnect and DriverCare CoPilot, for fleet operators seeking OEM-embedded and mobile device vehicle connectivity solutions.
- Element has long partnered with the leading pure-play telematics providers in the world, such as GEOTAB, to deliver fleet operators full-suite telematics with comprehensive rules-management and data collection.
- From full-service telematics to OEM connected vehicle data to mobile app solutions, Element Connectivity Solutions provide more accurate and real-time vehicle and driver data empowering greater, deeper dive analysis that will take the performance of fleets to a whole new level.
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Tuesday, November 2, 2021
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Renewable energy TORONTO, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (Element), the largest pure-play automotive fleet manager in the world, today announced a new electric vehicle charging agreement with Enel X , the advanced energy services arm of the Enel Group.
Key Points:
- TORONTO, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (Element), the largest pure-play automotive fleet manager in the world, today announced a new electric vehicle charging agreement with Enel X , the advanced energy services arm of the Enel Group.
- This collaboration will provide Element clients access to Enel Xs residential and commercial smart charging solutions to support electrified fleets across North America.
- Through the agreement, Element clients will have access to Enel Xs portfolio of turnkey fleet electrification solutions to serve corporate light-duty and medium-duty fleets.
- Enel Xs smart charging portfolio and JuiceNet IoT software helps Element and its clients optimize charging schedules and save on their operating expenses.
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Wednesday, October 13, 2021
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Risk management TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (Element), the largest pure-play automotive fleet manager in the world, today announced its relationship with industry leaders ChargePoint and WEX to provide Element clients with access to ChargePoints growing nationwide charging network.
Key Points:
- TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (Element), the largest pure-play automotive fleet manager in the world, today announced its relationship with industry leaders ChargePoint and WEX to provide Element clients with access to ChargePoints growing nationwide charging network.
- This strategic relationship provides a consolidated billing system for charging and fueling across client fleets, integrated with Elements advanced analytics and dashboard reporting platform.
- ChargePoint is making the transition to electrification seamless for fleets with take home and on-route charging solutions.
- Our partnership with Element and WEX is a major step in helping fleets prepare for the electric future.
Retrieved on:
Thursday, October 7, 2021
A taped recording of the conference call may be accessed through December 10, 2021 by dialing 1-800-319-6413 or +1-604-638-9010 and entering the access code 7883.
Key Points:
- A taped recording of the conference call may be accessed through December 10, 2021 by dialing 1-800-319-6413 or +1-604-638-9010 and entering the access code 7883.
- About Element Fleet Management Corp.
- Element Fleet Management (TSX: EFN) is the largest pure-play automotive fleet manager in the world, providing the full range of fleet services and solutions to a growing base of loyal, world-class clients corporates, governments and not-for-profits across North America, Australia and New Zealand.
- Elements services address every aspect of clients fleet requirements, from vehicle acquisition and maintenance to accident recovery and remarketing.
