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Calian Group ( (TSE:CGY) ) has issued an update.
Calian Group has named longtime finance executive Will Majic as acting chief financial officer, elevating him from his role as vice president of finance. A chartered professional accountant who joined Calian in 2017, Majic has helped steer the company’s rapid expansion, including revenue growth from about $275 million to more than $750 million and the execution of 19 acquisitions.
During his tenure, Majic has also supported equity financings totaling $150 million, established a $350 million syndicated credit facility and led an enterprise-wide ERP rollout that strengthened controls and reporting. His appointment signals continuity in Calian’s financial strategy as it pursues further growth in mission-critical markets, reinforcing its capital discipline and operational infrastructure for the next phase of expansion.
The most recent analyst rating on (TSE:CGY) stock is a Buy with a C$81.00 price target. To see the full list of analyst forecasts on Calian Group stock, see the TSE:CGY Stock Forecast page.
Spark’s Take on TSE:CGY Stock
According to Spark, TipRanks’ AI Analyst, TSE:CGY is a Neutral.
Overall score reflects solid but not standout financial quality (slower TTM growth, thin net margins, and higher leverage) offset by strong technical momentum and a positive earnings call with reaffirmed double-digit growth and margin-improvement targets. Valuation is a headwind due to a higher P/E and modest yield.
To see Spark’s full report on TSE:CGY stock, click here.
More about Calian Group
Calian Group Ltd. is a Canadian mission-critical solutions provider serving defence, space, healthcare and other strategic critical infrastructure sectors. Headquartered in Ottawa and employing more than 6,000 people worldwide, the company combines specialized expertise, technology and global reach to deliver tailored solutions that enhance security, connectivity and economic resilience for clients in highly regulated, high-stakes environments.
Average Trading Volume: 50,824
Technical Sentiment Signal: Buy
Current Market Cap: C$871.5M
For an in-depth examination of CGY stock, go to TipRanks’ Overview page.