Welcome to our dedicated page for North American Construction Group Ltd. news (Ticker: $NOA), a resource for investors and traders seeking the latest updates and insights on North American Construction Group Ltd. stock.
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North American Construction Group announced its Q1 2024 results, showcasing combined revenue of $345.7 million, reflecting growth from acquisitions and operational successes. Adjusted EBITDA of $93.3 million and a margin of 27.0% exceeded prior year metrics. Despite challenges in the oil sands region, the company maintained strong performance and strategic diversification efforts. Cash flows decreased due to working capital changes, with net debt at $781.4 million. The company declared a quarterly dividend of $0.10 per share and released its 2024 Sustainability Report, emphasizing environmental, social, and governance initiatives.