FORACO INTL SA EO 15 Aktie

Foraco International reported Q1 revenue of $66 million, up from $55 million year‑over‑year, driven by strong demand in North America and South America and a near‑record order book. Profitability was weighed down by mobilization and start‑up costs, with gross margin falling to 10.7% and EBIT declining to $2 million while EBITDA held at $7.4 million. Working capital rose by $15 million and CapEx was $10 million to add five rigs, pushing net debt to $91 million with about $18 million of undrawn liquidity. Management expects EBITDA margins and utilization to improve over the next two quarters as roughly 50% of projects exit ramp‑up and additional rigs are deployed. » More on finance.yahoo.com

Foraco International has significantly increased its return on capital employed (ROCE) to 21%, outperforming the industry average and demonstrating improved efficiency over the past five years. The company has generated higher returns from the same amount of capital, leading to a 420% shareholder return in that period. These positive trends suggest promising fundamentals, though investors are advised to conduct further due diligence. » More on finance.yahoo.com