Calian Group Ltd. (TSE:CGY) has released an update.
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Calian Group Ltd. reports a robust third quarter with an 11% revenue increase to $185 million and a significant rise in gross margin to 33.4%, highlighting the company’s acquisitive growth and strategic acquisitions like Mabway. Despite facing short-term budget cuts from the Canadian Armed Forces, the company celebrates its highest third-quarter revenue to date and anticipates its seventh consecutive record year with overall revenue and adjusted EBITDA up significantly from the previous year.
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