Foraco International will release its fourth quarter 2023 financial results, prior to TSX market open on Friday, Feb 16, 2024. Following the release, Management of the Company will host a Conference Call at 11:00 am ET to review the financial results. The call will be hosted by Tim Bremner, CEO and Fabien Sevestre, CFO. To join the conference call [...]
Foraco International announced that it will host a webcast investor presentation on Tuesday, November 21st, 2023, at 11:00 a.m. EST/8:00 a.m. PST. During the webcast, Tim Bremner, Chief Executive Officer, and Fabien Sevestre, Chief Financial Officer, will conduct a presentation that will cover key areas of Foraco's business. After the formal [...]
Foraco International announced the early redemption of the outstanding senior secured bonds facility of $85 million provided by Marathon Asset Management, along with securing new long-term bank financing from Desjardins and Caisse d'Epargne. The strong market and the robust operating performance, with a significant operating cash flow, allow Foraco [...]
Foraco International is pleased to announce its third quarter of 2023. All amounts are denominated in US Dollars unless otherwise stated. Q3 2023 Financial Metrics: Revenue: US$ 95.1 million EBITDA: US$ 25.0 million EBITDA as % of Revenue: 26.3% Trailing Twelve Months Indicators: Revenue: US$ 368 million EBITDA: US$ 85.1 million Net Profit: US [...]
Foraco International will release its third quarter 2023 financial results, prior to TSX market open on Monday, Oct 30, 2023. Following the release, Management of the Company will host a Conference Call at 11:30 am ET to review the financial results. The call will be hosted by Tim Bremner, CEO and Fabien Sevestre, CFO. To join the conference call [...]
Foraco International announced that the Toronto Stock Exchange has accepted for filing the Company's Notice in respect of a normal course issuer bid to be transacted through the facilities of the TSX and/or through alternative trading systems. Pursuant to the NCIB, Foraco may purchase up to 1,000,000 of its common shares representing approximately [...]
Foraco International is pleased to announce its second quarter 2023 results. All amounts are denominated in US Dollars unless otherwise stated. In Q2 2023, Foraco achieved remarkable financial results, reinforcing its position as a leader in the industry and continued to build on its momentum from the previous quarters, maintaining a trajectory of [...]
Foraco International will release its second quarter 2023 financial results, prior to TSX market open on Thursday, July 27. Following the release, Management of the Company will host a Conference Call at 11:00 am ET to review the financial results. The call will be hosted by Tim Bremner, CEO and Fabien Sevestre, CFO. To join the conference call [...]
Foraco International announced that it will host a webcast investor presentation on June 14th, 2023 at 11:00 AM ET. During the webcast, Daniel Simoncini, Executive Chairman and Tim Bremner incoming Chief Executive Officer will conduct a Power Point presentation that will cover key areas of Foraco's business. After the formal presentation, investors [...]
Foraco International announced its first quarter 2023 results. "We set an all-time revenue record of US$ 88.4 million in the first quarter of 2023 compared to US$ 67.7 million in the first quarter of 2022, an increase of 30%. Our last twelve months revenue reached a new high of US$ 351 million. We are proud to see the results of the strategy we [...]
Foraco International will release its first quarter 2023 financial results, prior to TSX market open on Friday, April 28. Following the release, Management of the Company will host a Conference Call at 10:00 am ET to review the financial results. The call will be hosted by Daniel Simoncini, Chairman & Co-CEO and Jean-Pierre Charmensat, Co-CEO [...]
Foraco International announced it has been awarded a major contract with Rio Tinto Iron Ore. This contract is for water related drilling services in the Pilbara region, involving both monitoring wells, dewatering wells and vibrating wire piezometers digital networks installation, mostly with flooded reverse circulation rigs and is signed for 2 [...]
