Cargojet (TSE:CJT) has released an update.
Cargojet Inc. has reported a solid second quarter in 2024 with an increase in total revenue to $230.8 million from $209.7 million in 2023, and a significant improvement in free cash flow. Despite facing geopolitical challenges and economic headwinds, the company has maintained a strong focus on cash flow and EBITDA margins, underpinning its position as a leader in the air cargo industry.
For further insights into TSE:CJT stock, check out TipRanks’ Stock Analysis page.
