Foraco International Reports Q2 2019

Jul 29 09:07 2019 Print This Article

Growth continues – Back to profit

TORONTO and MARSEILLE, France, July 29, 2019 /CNW/ – Foraco International SA (TSX:FAR) (the “Company” or “Foraco”), a leading global provider of mineral drilling services, today released its unaudited financial results for the second quarter 2019. All figures are expressed in US Dollars (US$) unless otherwise indicated.

“In Q2 2019, we recorded revenue of US$ 54.1 million, a 18% increase over the same period last year. This growth rate clearly exceeds the consensus on market development reported by exploration and mining experts. We continue to gain market shares thanks to the confidence … Continue Reading

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