Toromont Industries (TSE:TIH) has released an update.
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Toromont Industries Ltd. showcased a robust second quarter in 2024, with a 16% increase in revenue, although operating income and net earnings saw a slight decrease. Despite easing rental markets, the company benefited from solid equipment deliveries and strong product support activity levels, signaling a positive outlook for investors.
For further insights into TSE:TIH stock, check out TipRanks’ Stock Analysis page.
