Just Energy Group, Inc. (JE,JE.TO), a competitive retailer of natural gas and electricity, Thursday said fourth-quarter profit from continuing operations was C$203.4 million compared to a loss of C$75.6 million last year.
Adjusted EBITDA from continuing operations declined to C$87.5 million from C$107.1 million.
Sales climbed to C$877.5 million from C$794.0 million in the prior year.
New customers totaled 332,000, resulting in 5 percent growth over the prior quarter in the energy marketing base and 3 percent quarterly growth in embedded gross margin. Consumer customer additions amounted to 154,000.
Looking ahead, President and CEO Ken Hartwick The investments and the decisions we made during 2013 will result in increased profitability from our businesses, a stronger balance sheet and a reduction in our payout ratios in fiscal 2014 and beyond," Hartwick stated.
The guidance estimates base EBITDA of C$220 million for fiscal 2014.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.