bullish

ADF Group

DRX: Increasing Estimates on Groupe LAR Acquisition

161 Views30 Oct 2025 01:00
Issuer-paid
SUMMARY
  • ADF provided an update and hosted a conference call to discuss the acquisition of Groupe LAR.
  • ADF plans to double LAR’s backlog by January 2027, benefitting from hydroelectric dam renovation and construction projects across Canada.
  • Management will invest $35M over the next 24 months to increase LAR’s capacity and modernize its equipment.
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