Business description: Mullen Group Ltd.

Mullen Group Ltd. is a logistics provider. The Company’s segments include Less-Than-Truckload, Logistics & Warehousing, Specialized & Industrial Services and U.S. & International Logistics. The Less-than-truckload segment delivers small packages, parcels and pallets of all types of freight. The Logistics & Warehousing segment offers specialized trucking, warehousing, intermodal, transload, warehousing and fulfillment centers that handle e-commerce transactions, and full truckload. The Specialized & Industrial Services segment provides services including water management, environmental reclamation, turnaround and industrial maintenance, services that support the drilling of wells, well servicing and fluid hauling, along with transportation and logistics services for complex pipeline and industrial projects. The U.S. & International Logistics segment provides services through a combination of professional representatives and a network of independently owned and managed Station Agents.

Number of employees: 8,622

Sales by Activity: Mullen Group Ltd.

Fiscal Period: December 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

Less-Than-Truckload

585M 779M 770M 750M 779M

Logistics & Warehousing

466M 609M 565M 607M 738M

Specialized & Industrial Services

313M 401M 468M 457M 409M

U.S. & International Logistics

118M 222M 198M 185M 219M

Corporate

3.89M 4.45M 5.48M 4.43M 3.68M

Intersegment Eliminations

-8.97M -15.46M -12.4M -14.13M -15.55M

Geographical breakdown of sales: Mullen Group Ltd.

Fiscal Period: December 2021 (CAD) 2022 (CAD) 2023 (CAD) 2024 (CAD) 2025 (CAD)

Canada

1.36B 1.78B 1.8B 1.8B 1.91B

United States

118M 222M 198M 185M 219M

Executive Committee: Mullen Group Ltd.

Manager TitleAgeSince
Chief Executive Officer 70 31/12/1990
Director of Finance/CFO - -
President - 21/04/2026
Corporate Secretary - 15/06/2014
Corporate Officer/Principal - -

Composition of the Board of Directors: Mullen Group Ltd.

Director TitleAgeSince
Chairman 70 31/12/2000
Director/Board Member 70 11/01/2011
Director/Board Member 71 02/05/2017
Director/Board Member 67 02/05/2017
Director/Board Member 49 26/07/2021
Director/Board Member 64 31/12/2021
Director/Board Member 65 31/12/2021
Director/Board Member - 31/12/2023

Shareholders: Mullen Group Ltd.

NameEquities%Valuation
6.036 %
5,785,519 6.036 % 87 M $
SEI Investments Canada Co.
0.5265 %
504,593 0.5265 % 8 M $
NCM Asset Management Ltd.
0.4638 %
444,500 0.4638 % 7 M $
0.4124 %
395,250 0.4124 % 6 M $
Arrow Capital Management, Inc.
0.2734 %
262,000 0.2734 % 4 M $

Company details: Mullen Group Ltd.

Mullen Group Ltd.

Chimney Rock Centre

T1S 2N3, Okotoks

+403-995-5200

http://www.mullen-group.com
address Mullen Group Ltd.(MTL)

Other Ground Freight & Logistics

Change 5d. change 1-year change 3-years change Capi.($)
+0.40%+3.52%+61.17%+41.36% 1.56B
+0.82%+0.42%+11.74%+18.67% 79.42B
+1.05%+2.51%+15.70%+6.30% 72.64B
-0.15%+2.29%+90.50%+341.68% 25.74B
+0.07%+4.95%+91.44%+88.48% 21.76B
0.00%+4.73%+75.85%+38.01% 12.77B
+0.10%+6.60%+78.47%+224.23% 10.25B
+1.97%-2.54%-9.05%+5.40% 10.01B
+0.30%+4.96%+55.56%+39.62% 6.5B
-0.78%+1.60%-27.62%-38.24% 5.07B
Average +0.38%+2.73%+44.37%+76.55% 24.57B
Weighted average by Cap. +0.64%+1.51%+34.15%+63.60%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
22.57CAD
Average target price
21.50CAD
Spread / Average Target
-4.74%

Quarterly revenue - Rate of surprise

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