Firan Tech (TSE:FTG) has released an update.
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Firan Technology Group Corporation (FTG) reports a significant rise in first-quarter financials for 2024, with a 42% increase in revenues and bookings up by 14% compared to the same period in 2023. The company also noted a 34% increase in backlog, indicating strong future revenue potential, despite a six-week strike at its Aerospace Toronto facility impacting earnings. Strategic investments and integration of recent acquisitions appear to be positioning FTG for sustained growth and enhanced shareholder returns.
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