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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 matt2018on Dec 12, 2024 12:59pm
135 Views
Post# 36359267

RE:Addressing Backlog on CC

RE:Addressing Backlog on CCThanks Daudau.  Agree, quite interesting that they mention possible contract announcments before Feb/25.
Trump officially takes office Jan 20th.
I'm just guessing here.... perhaps there are contract announcements on hold till after Jan 20th to see exactly what the trade policy for the Trump admonistration is going to look like?
No point in making those announcements now if they may be required to be altered due to possible tariffs, etc.
Again, not sure about how much of the specialized work could be done in US plant or needs to be done in Quebec.
Trump really messing with many companies business plans right now.
Totally unnecesary but not surprising.  Its difficult to do business with these people.
He bragged about what a great trade deal he negotiated and now threatening to break it.







Daudau11 wrote: I just listened to their conference call and someone asked if they were going to announce any new contracts before year end to increase the backlog.  

The answer was suprising as they said they will announce something by February 2025.  I wasn't expecting them to give us like the month they will be doing it.  I thought they will say we can't disclose it etc etc.

Can't believe we now in the red.....


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