North American Construction Group Reports Record Revenue

North American Construction Group (TSE:NOA) has released an update.

North American Construction Group Ltd. reported a record third-quarter revenue of $367.2 million, driven by strong performance in their Australian operations and increased equipment utilization. The company also announced a 20% increase in their quarterly dividend, reflecting confidence in their growth trajectory. Their strategic expansion efforts, including a new five-year contract in Queensland, position them for a promising 2025.

For further insights into TSE:NOA stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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