Black Diamond Group Shines Bright on the 2023 TSX30 List
September 12, 2023
We are proud to announce that Black Diamond Group has secured a spot on the 2023 TSX30 List. This significant achievement recognizes the exceptional growth our Company has demonstrated over the past several years.
“As a Company, celebrating our 20th year in business, we are immensely proud of what we’ve accomplished,” said Trevor Haynes, Chairman & CEO. “This accolade not only underscores the value Black Diamond offers shareholders, but also highlights the effectiveness of our strategic vision and our disciplined approach to running our business.”
Defying the Odds: A Commitment to Excellence & Growth
Black Diamond Group's path to the 2023 TSX30 list has been a journey of resilience, determination, hard work, and discipline. In a world marked by an ever-changing landscape with challenges such as economic downturns, inflation, a global pandemic, and end-market volatility, we are proud of our growth story and our ability to defy these obstacles and drive our strategic vision forward.
Over the past three years, Black Diamond has achieved remarkable growth, with a 304% increase in dividend-adjusted share price performance and a 327% increase in market capitalization over the same period.
With intent, Black Diamond has steadily grown and diversified across industry sectors, geographies, and by customer. This growth is a testament to the Company’s ability to innovate, adapt and thrive in changing markets. Today, our specialty rental platform has continued to expand through organic growth and strategic acquisitions while our technology platform, LodgeLink, continues to scale exponentially. We remain focused on economic returns and operational efficiencies throughout our business.
“Of course, none of this would be possible without the dedication, and hard work of our high-performing team,” said Trevor Haynes, Chairman & CEO. “So, this recognition, and my appreciation, goes to our team members who work tirelessly every day to Create A Better Way.”
As we look ahead to the future, we will continue executing with the same excellence, dedication and integrity that carried us through the past two decades, and with that approach, I’m confident we’ll continue to deliver exceptional value to our shareholders.
The Significance of the TSX30 List
The TSX30 List, established in 2019, is an annual ranking that identifies the top 30 stocks based on their dividend-adjusted share price performance over a three-year period. It celebrates the achievements of the listed companies and underscores the robustness and growth potential of Canada's dynamic public markets.
"The 2023 TSX30 features strong Canadian representation, including Black Diamond Group Limited, which is headquartered in Alberta," remarked Loui Anastasopoulos, CEO of the Toronto Stock Exchange. "We are proud to celebrate the tremendous success and expansion of Black Diamond Group, and we want to congratulate all of the TSX30 companies for their tremendous growth."