tiprankstipranks
Boralex Reports Strong Earnings and Project Advancements
Company Announcements

Boralex Reports Strong Earnings and Project Advancements

Story Highlights

Boralex Inc Cl A (TSE:BLX) has released an update.

Pick the best stocks and maximize your portfolio:

Boralex Inc Cl A reported a 41% increase in net earnings for Q2-2024, reaching $17 million despite a production decrease due to adverse weather and curtailments in France. The company highlighted its improved financial flexibility with higher discretionary cash flows and a strong balance sheet, alongside steady progress on their project pipeline, including wind and solar farms in France and upcoming storage projects in Ontario.

For further insights into TSE:BLX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBoralex Faces Challenges but Advances Projects
Ryan AdistBoralex Inc. Cl A (BLX) Q3 Earnings Cheat Sheet
TipRanks Canadian Auto-Generated NewsdeskBoralex Inc. Cl A Shows Strong Q2 Earnings and Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App