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The latest announcement is out from Mullen Group Ltd. ( (TSE:MTL) ).
Mullen Group Ltd. reported steady revenue in its 2024 fourth-quarter financial results despite challenging market conditions characterized by soft demand and pricing pressures. The company’s strategic management and robust balance sheet have positioned it to potentially capitalize on acquisition opportunities, although it anticipates continued subdued demand for freight services in 2025 due to economic uncertainties and trade disruptions.
More about Mullen Group Ltd.
Mullen Group Ltd. is one of Canada’s largest logistics providers, focusing on a wide array of freight and logistics services through its diversified portfolio of 40 business units.
YTD Price Performance: -2.00%
Average Trading Volume: 156,613
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.25B
For an in-depth examination of MTL stock, go to TipRanks’ Stock Analysis page.
