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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

Post by prospector001on Nov 15, 2023 9:14am
160 Views
Post# 35736472

More Good News - "On Pace to Exceed 40 Million in Sales"

More Good News - "On Pace to Exceed 40 Million in Sales"https://financialpost.com/globe-newswire/cematrix-announces-5-2-million-increase-in-contracts

From the news release;

“After the change related to these new contracts, our backlog remains strong at $92.3 million as of November 15
th, 2023. CEMATRIX continues to be on pace to exceed $40 million in sales despite having $13 million of its budget related to the $22 million North Carolina project pushed to 2024.”

And lately the company has under-promised and over-delivered!

GLTA!
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