Russel Metals (TSE:RUS) has released an update.
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Russel Metals Inc. reported a robust financial performance in the second quarter of 2024, with revenues hitting $1.1 billion and an EBITDA of $86 million, despite a decrease from the previous year’s figures. The company proactively managed its finances by investing in capital expenditures, repurchasing shares, and redeeming notes, maintaining a strong liquidity position of $768 million.
For further insights into TSE:RUS stock, check out TipRanks’ Stock Analysis page.
