Taiga Building Prod (TSE:TBL) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Taiga Building Products Ltd. has reported a decrease in sales and earnings for the second quarter and the first half of 2024, primarily due to lower volumes of commodity products sold and fluctuating commodity prices. The company’s quarterly sales dropped by 4%, with a significant reduction in gross margin and net earnings. EBITDA also saw a decline in both the quarterly and half-yearly financials compared to the previous year.
For further insights into TSE:TBL stock, check out TipRanks’ Stock Analysis page.
