About IBI Group
IBI Group (TSX: IBG) is a technology-driven design firm, providing architecture, engineering, planning, systems, and technology services to our clients for nearly 50 years.
With more than 3,000 professionals located across the globe, we create responsible, resilient spaces and smart urban environments by bringing the established capabilities from our Intelligence sector into our core Buildings and Infrastructure segments. We have a proven track record of incorporating technology across our business both internally and externally, meaning we’re able to deliver results to clients that are more efficient and sustainable.
We are a technology-driven design firm united by a common goal: to create livable, sustainable, technologically-advanced urban environments
2020 by the Numbers
As cities transform at a rapid pace, IBI is proud to lead the revolution, using technology to better design solar-powered buildings, plan public transit, and empower change management, among countless other applications. We have always believed in the power of technology and today, more than ever, we are dedicated to harnessing its potential.
Net Revenue (M)
Adjusted EBITDA1,2 (M)
Adjusted EBITDA1,2 Margin
Net Debt1 (M)
Net Debt to Adjusted EBITDA1 multiple at year end
Cash Flow from Operating Activities (M)
(1) Non-IFRS Measures and Forward Looking Statement Advisory: The Company uses certain terms in this report and within the MD&A, such as ‘adjusted EBITDA’, which does not have a standardized or prescribed meaning under International Financial Reporting Standards (IFRS), and, accordingly this measurement may not be comparable with the calculation of similar measurements used by other companies. For a reconciliation of each non-IFRS measure to its nearest IFRS measure, please refer to the “Definition of Non-IFRS Measures” section in the MD&A for applicable definitions, calculations, rationale for use and reconciliations to the most directly comparable measure under IFRS. Non-IFRS measures are provided as supplementary information by which readers may wish to consider the Company’s performance but should not be relied upon for comparative or investment purposes.
(2) Adjusted EBITDA net of IFRS-16 impacts
20/20 in 2020
We are proud to have achieved our “20 / 20 in 2020” goal: our Intelligence practice represented 20.2% of net revenue and generated 20.2% Adjusted EBITDA1 as a percentage of net revenue in 2020.
Committed to ESG
Our mission is to define the cities of tomorrow, and our vision is to be the global partner who plans, designs and sustains those cities of tomorrow. Wherever possible, IBI incorporates the principles of sustainability, energy efficiency and environmental stewardship in our projects and we regularly integrate these themes within our corporate culture globally.