Martinrea International (TSE:MRE) has released an update.
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Martinrea International Inc. has reported a robust financial performance for the second quarter of 2024, including a record-setting quarterly Adjusted EBITDA of $166.1 million and a significant increase in free cash flow. The company also announced a quarterly dividend of $0.05 per share, reflecting confidence in its operational strength and long-term positioning despite prevailing global economic challenges.
For further insights into TSE:MRE stock, check out TipRanks’ Stock Analysis page.