RY 168.02 -0.2138% TD 84.54 0.583% SHOP 98.44 1.6522% CNR 161.44 -0.4686% ENB 55.37 0.7093% CP 117.35 -0.4074% BMO 116.29 0.5969% TRI 234.8 -0.5% CNQ 43.4 -2.0316% BN 67.06 0.8573% ATD 75.0 -1.1467% CSU 4286.48 0.3286% BNS 70.72 0.6834% CM 83.49 0.9675% SU 49.53 0.4462% TRP 63.27 1.1187% NGT 73.0 1.5299% WCN 252.39 -0.095% MFC 38.15 0.58% BCE 48.11 0.4594%
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North American Construction Group (TSX: NOA) Forecasts FY24 EBITDA to be CAD 395-415mn
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Highlights
Based in Canada, North American Construction Group Ltd. (TSX:NOA) offers a variety of heavy construction and mining services. It has a market capitalization of CAD 755.86 million.
In Q2 2024, the company's revenue surged by 41.6% compared to the previous corresponding period to CAD 276.3 million, driven primarily by robust equipment utilisation in Australia. This significant increase in revenue led to a substantial rise in operating income, although it was partly offset by higher depreciation expenses.
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