Airboss of America (TSE:BOS) has released an update.
AirBoss of America Corp. announced a mixed first quarter for 2024, with operational highlights including a significant defense contract win, debt reduction, and a strategic shift towards long-term growth. Despite facing economic challenges and reporting a net loss, the company is optimistic due to strategic amendments to its credit facilities and a focus on core business segments. AirBoss also declared a quarterly dividend amidst these developments.
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