Bullboard - Stock Discussion Forum ADF Group Inc T.DRX

Alternate Symbol(s): ADFJF

Steel Steel

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... see more

Add To Watchlist

TSX:DRX - Post Discussion

ADF Group Inc > New Contracts for $55 million - Clarification

View:

Post by lotus1 on Sep 25, 2024 10:03am

New Contracts for $55 million - Clarification

In response to request for more clarity about ADF's PR about $55 Mln New contracts, following is the response, I just received from Mr Jean-Francois Boursier, CFO.

" Most of the $55M announced are for contracts signed after the quarter-end.

Some smaller contracts, which were included in the July 31^st ending backlog balance had not been announced since they were individually not material enough."

So, sounds like, most of $ 55 Mln are New contracts signed, during August-September. That means new business continues to flow. Great news !!!

182