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ADF Group Inc T.DRX

Alternate Symbol(s):  ADFJF

ADF Group Inc. is a Canada-based company. The Company is engaged in the design and engineering of connections, fabrication, including the application of industrial coatings, and installation of complex steel structures, heavy steel-built ups, as well as in miscellaneous and architectural metals for the non-residential infrastructure sector. Its products and services are intended for the five principal segments of the non-residential construction industry: office towers and high-rises, commercial and recreational buildings, airport facilities, industrial complexes, and transport infrastructure. The Company operates two fabrication plants and two paint shops, in Canada and in the United States, and a Construction Division in the United States, which specializes in the installation of steel structures and other related products. It has the capacity to manufacture approximately 125,000 tons of structural steel annually.


TSX:DRX - Post by User

Comment by WizardFutureon Sep 08, 2022 4:13pm
185 Views
Post# 34950470

RE:RE:RE:great 2nd q results

RE:RE:RE:great 2nd q results

I just listened to the ADF results conference calls, it's even better.

I completely agree, it's not at its peak. Their backlog is great, and as it was said in the conference call, the second half of this year will only be better with the automated line. And I like the fact the capex will be limited in the next 18 months, so their cash balance will be really good. The share will improve significantly in the next years. And they have a 4-5 years plan to grow the backlog.

As I said, I am really happy that I have accumulated shares in the past year.

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