From GlobeNewswire:

Element Fleet Management Corp announced record net revenue of $1.3 billion, driving strong operating margins, adjusted earnings, and free cash flow per share. The company saw a 35.8% increase in new originations and strategic initiatives on track for mid-2024. They also transitioned to U.S. dollar reporting for better alignment and comparability. Shareholders received $344.8 million.



Read more at GlobeNewswire:: Element Reports Strong Fourth Quarter and Record 2023