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Highlights
- Dynacor achieves record sales and EBITDA for the year, with net income of CAD16.9 million
- Successful acquisition in Senegal and expansion activities in Côte d'Ivoire, Ghana, and Africa
- Increased dividend by 16.7% and continued share buy-back program
Dynacor Group Inc. (TSX: DNG) announced its financial results for the year ended December 31, 2024, reporting record sales, EBITDA, and net income. The company saw sales of CAD284.4 million, a 13.7% increase from the previous year, which met the high end of its guidance range. EBITDA for the year rose by 15.7% to CAD29.5 million, and net income increased by 11.9% to CAD16.9 million, exceeding guidance expectations.
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