Gross margin, as a percentage of revenue (1)increased from 14.2% in the year ended
Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA) (2) for the year ended
For the year ended
As at
The order book (1) was
Prospects
'These results reflect the efforts and strategies put forward by ADF over the past few years, ranging from the construction of our state-of-the-art plant in
He concluded, 'During this period, ADF has invested more than
Dividend
On
Investor Conference Call
An investor conference call will be held on
To join the conference call without operator assistance, you can sign up with your phone number on https://emportal.ink/4bZ6lFj to receive an instant automatic callback.
You can also reach the call through an operator by dialing 1-888-390-0620 a few minutes before the call starts.
A replay of the replay of this call will be available from
The conference call (audio) will also be available at the www.adfgroup.com. Members of the media are invited to join in listening mode.
ANNUAL GENERAL MEETING OF SHAREHOLDERS FOR THE YEAR ENDED
Date:
Hour:
Place:
2440, Autoroute des Laurentides,
Results for the first quarter ended
About
Forward-Looking Statements | This press release contains forward-looking statements that reflect ADF's objectives and expectations. These statements are identified by verbs such as 'expects that' as well as by the use of future and conditional verb tenses. By their nature, these statements involve risks and uncertainties. As a result, actual facts may differ from ADF's expectations.
Non-GAAP and Other Financial Measures | Are measures derived primarily from the consolidated financial statements but are not standardized financial measures under the financial reporting framework used to prepare the Company's financial statements. As a result, readers should not confuse or substitute for measures of performance prepared in accordance with GAAP. In addition, the Company should not compare these non-GAAP measures to similarly named measures provided or used by other issuers. The definition of these measures and their reconciliation to comparable measures in the International Financial Reporting Standards issued by the
The gross margin as a percentage of revenue indicator is used by the Company to assess the level of profitability for a given period based on the project mix for that same period. This indicator is subject to fluctuations in project prices and also in the Company's operational efficiency. The gross margin as a percentage of revenue indicator is derived from the division of gross margin by revenue.
Order book
Backlog is a measure used by the Company to assess the future level of revenues. The backlog includes firm orders obtained by the Company, either through a firm contract or a formal notice to proceed confirmed by the client. The backlog disclosed by the Company therefore includes the non-manufacturing portion of the contracts thus confirmed.
Working capital
The working capital indicator is used by the Company to assess whether current assets are sufficient to discharge current liabilities. It therefore represents the excess of current assets over current liabilities.
Contact:
Tel: (450) 965-1911
Web: www.adfgroup.com
(C) 2024 Electronic News Publishing, source