17
Jun
20:58
ADF Group reports improvement in Q1 revenue, profit
ADF Group, a Canadian fabricator of steel structures, says its fiscal first-quarter sales and profit jumped, Kallanish learns from the company's earnings report and conference call.
A year-on-year improvement in gross margins came from better absorption of fixed costs during the quarter ended 30 April, the company says. That helped drive Q1 revenue to CAD 107.4 million ($78.2 m), up 33.8% from CAD 80.3m reported for the same period in the prior fiscal ye…
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Anonymous
Very good overview of the weekly steel market.
Anonymous