Strong Financial Performance
Net revenues, adjusted EBITDA, and adjusted net earnings increased by approximately 16%, 20%, and 32% respectively, showcasing robust financial results.
Record EBITDA Margin
Adjusted EBITDA margin reached a record high of 20.2%, representing an improvement of 70 basis points compared to Q3 2024.
Impressive Free Cash Flow Generation
Free cash flow reached almost $900 million for the 9-month period, an increase of $645 million compared to the previous year.
Successful Acquisition Integration
The acquisition of POWER Engineers marked the first anniversary with mid-teens organic growth and contribution to margin expansion.
Positive Outlook in Key Regions
Canada delivered 6% organic growth in net revenue for the quarter, and EMEA exceeded expectations with 11% net revenue organic growth in the UK.