Boralex Inc Cl A (TSE:BLX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Boralex Inc. Cl A reported a solid second quarter in 2024 with $17 million in net earnings and an increase in EBITDA by 9%, despite a slight production fall due to weather conditions and curtailments in France. The company also highlighted its financial strength with higher discretionary cash flows and a robust balance sheet, while remaining on track with its development projects, including the commissioning of new wind and solar farms, and the advancement of storage and wind projects in North America and Europe.
For further insights into TSE:BLX stock, check out TipRanks’ Stock Analysis page.