NACG records record Q2 revenue and lifts 2026 guidance
Strong top-line growth, IMC-driven margin mix, and raised FY guidance suggest earnings upside and potential multiple expansion; dividend support adds near-term appeal.
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Strong top-line growth, IMC-driven margin mix, and raised FY guidance suggest earnings upside and potential multiple expansion; dividend support adds near-term appeal.
What happened, with direct paths to the underlying reporting
NACG reported Q2 2026 results with CAD456.1M in quarterly revenue (up 23% YoY) and raised full-year revenue guidance to CAD1.6–1.8B. The IMC acquisition boosted Australian operations, with revenue up 65% YoY in Australia, while Canada faced activity headwinds. The company also declared a CAD0.12 quarterly dividend and cites a CAD3.8B backlog, signaling stronger H2 cash flow and growth potential.
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