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Boyd Group Reports Stellar Growth in 2023
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Boyd Group Reports Stellar Growth in 2023

Boyd Group Services Inc (TSE:BYD) has released an update.

Boyd Group Services Inc. experienced significant financial growth in 2023, with a 21.1% increase in sales to $2.9 billion, and a remarkable doubling in both adjusted net earnings and net earnings per share. The company’s operational success translated into a 34.6% rise in Adjusted EBITDA to $368.2 million and enabled them to raise dividends, expand with 106 new locations, and maintain robust cash flows. This growth trajectory underscores the company’s strong market position and operational efficiency.

For further insights into TSE:BYD stock, check out TipRanks’ Stock Analysis page.

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