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Algoma Central Corporation reports “strong performance” in 2024

Algoma Central Corporation reports “strong performance” in 2024

Algoma Central Corporation today reported its results for the year ended December 31, 2024. The St. Catharines-based shipping enterprise reported revenues of $703.4M compared to revenues of $721M in 2023. Net earnings for 2024 were $91.6M compared to earnings of $82.8M in 2023. The Company reported 2024 EBITDA of $200.4M compared to $186M for 2023.  

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 February 27, 2025