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Stock impact report

North American Construction Group Ltd. Announces Results for the Second Quarter Ended June 30, 2021

North American Construction Group Ltd. Common Shares (no par) (NOA) 
Last north american construction group ltd. common shares (no par) earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
ACHESON, Alberta, July 28, 2021 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (“NACG”) (TSX:NOA/NYSE:NOA) today announced results for the second quarter ended June 30, 2021. Unless otherwise indicated, financial figures are expressed in Canadian dollars, and comparisons are to the prior period ended June 30, 2020. Second Quarter 2021 Highlights: Adjusted EBITDA of $42.4 million was 33% higher than prior year adjusted EBITDA of $31.9 million reflecting improved operating conditions from the prior year, consistently increasing demand for our heavy equipment fleet and a step change in scope being completed by the Nuna Group of Companies ("Nuna").Gross profit margin of 10.9% primarily reflected the impacts of COVID-19 in the Fort McMurray region in early Q2 and equipment maintenance backlog completed in the quarter following a particularly busy winter season.Free cash flow ("FCF") in the quarter of $6.1 million was generated from strong adjusted EBITDA but was temporarily Show less Read more
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