In: Blog, Industry News

LGM RANKS NO. 399 ON THE 2017 PROFIT 500

– Canadian Business unveils 29th annual list of Canada’s Fastest-Growing Companies –

Vancouver, BC (September 21, 2017) Canadian Business and PROFIT ranked LGM 399 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies.

Announced last week and set to be published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

LGM made the 2017 PROFIT 500 list with a five-year revenue growth of 119%.

“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada—and the world—needs more entrepreneurial success stories like these.”

The latest release of the nation-wide rankings marked the ninth consecutive year that LGM has earned a spot on the coveted list. The 500 featured companies vary in size and industry and are from different regions across the country.

“We’re thrilled to have once again earned a position on the PROFIT 500 ranking,” says LGM founder and CEO, Adam Hill. “This achievement is a testament to the fact that you can see double-digit growth year over year as a business if you focus on creating innovative products and providing the high levels of service that customers expect today.”

Hill also credited LGM’s employees and its OEM partners as being the main drivers of the company’s success.

“Every single employee, no matter their department, played a significant role in helping us make the list and this is really a celebration of their efforts,” says Hill. “And of course, we look to our OEM partners as leaders in the automotive industry and we try to set priorities and model our behaviour off of their example.”

Read more on LGM.ca or follow @LGMCanada on Twitter.

Media contact
Carrie de Zilva
Manager, Marketing & Communications
LGM Financial Services
E: Carrie.deZilva@lgm.ca
P: 604-6763881

ABOUT LGM FINANCIAL SERVICES

LGM Financial Services has been a leader in Canada’s automotive industry since 1998 by supplying branded warranty, finance and insurance products to distinguished automotive manufacturers and dealers across the country. Driven by innovation and service excellence, LGM is focused on maximizing dealership performance and customer satisfaction through products that are backed by an elite F&I sales and training program, and a comprehensive claims and dealer support network.

ABOUT THE PROFIT 500

For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.

ABOUT CANADIAN BUSINESS

Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.