Firan Tech (TSE:FTG) has released an update.
Firan Technology Group Corporation (FTG) reported a significant uptick in its third-quarter financial performance for 2024, with a 29% increase in bookings and an 18% rise in revenues compared to the same quarter last year. The aerospace and defense market demand surge propelled FTG to its highest-ever quarterly results, including a 45% jump in Adjusted EBITDA and a doubling of net earnings. The successful integration of recent acquisitions and strategic capital investments are expected to further enhance shareholder returns.
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