05:15 PM EST, 02/26/2025 (MT Newswires) -- Andlauer Healthcare Group ( ANDHF ) , after trade Wednesday said its fourth-quarter profit and revenue declined year-over-year.

The company earned $17.5 million, or $0.44 per share, in the period, down from $18.6 million, or $0.44, a year ago.

Revenue for the period ended Dec. 31 stood at $168.3 million, compared with $169.1 million a year prior. The company said the decline was mainly due to lower revenue from the U.S. truckload businesses, Boyle Transportation and Skelton USA, and reduced fuel surcharge revenue. However, this was partially offset by growth in the Canadian specialized transportation and healthcare logistics segments.

"Our results for the quarter and year reflect continued growth in our Canadian specialized transportation network, the improved performance of our logistics and distribution product line in the second half of the year and revenue growth in the fourth quarter for our packaging solutions. This growth was offset by the continued headwinds in our US-based truckload businesses," Chief Executive Michael Andlauer said.

The company added it has appointed Bryan McMahon as executive vice president of Commercial and Specialty Solutions. He previously served as vice president of Healthcare Logistics at AHG, managing all sales and customer service for ATS Healthcare.

Andlauer Healthcare ( ANDHF ) shares closed down $0.26 to $45.11 on the Toronto Stock Exchange.