Finning International Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CAD 74 million compared to CAD 75 million a year ago. Revenue was CAD 2,584 million compared to CAD 2,380 million a year ago.
Net income was CAD 121 million compared to CAD 134 million a year ago. Basic earnings per share from continuing operations was CAD 0.84 compared to CAD 0.89 a year ago. Diluted earnings per share from continuing operations was CAD 0.84 compared to CAD 0.89 a year ago.
Finning International Inc. is a Canada-based caterpillar dealer. The Company provides caterpillar equipment, parts, services, and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom, and Ireland. The Companyâs segments include Canada, South America, UK & Ireland, and Other. It sells, rents and provides parts and services for equipment and engines to customers in various industries, including mining, construction, petroleum, forestry and a wide range of power systems applications. With its inventory of new, used, and rental equipment, it can deliver the solution to meet clientâs needs. Its products include Excavators, Dozers, Skid Steers and Compact Track Loaders, Articulated Trucks, Wheel Loaders, Motor Graders, and others. It provides rental solutions for all clientâs construction, landscaping and snow removal needs at daily, weekly and long-term rates. Its services include fuel solutions, rebuilds, rentals, repair services and others.
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Investor
Investor
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Global
Global
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Quality
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