Cematrix (TSE:CEMX) has released an update.
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CEMATRIX Corporation, a leading North American cellular concrete product manufacturer, has announced project delays that will shift some of its 2024 forecasted revenue into 2025. Despite these delays, CEO Jeff Kendrick has highlighted the company’s continued strength in key financial areas and its strategy to mitigate further project delays and accelerate production. The company remains positive about its long-term growth prospects and expects to see strong sales growth in 2025.
For further insights into TSE:CEMX stock, check out TipRanks’ Stock Analysis page.
