tiprankstipranks
Company Announcements

GDI Integrated Facility Services Reports Strong Financial Performance in 2024

Story Highlights
GDI Integrated Facility Services Reports Strong Financial Performance in 2024

GDI Integrated ( (TSE:GDI) ) has shared an announcement.

GDI Integrated Facility Services Inc. reported its financial results for Q4 and the full year of 2024, highlighting a revenue increase to $634 million in Q4, a 2% rise from the previous year, and a total annual revenue of $2.56 billion, marking a 5% increase over 2023. Despite a slight decrease in annual Adjusted EBITDA, the company saw a significant rise in net income, attributed to gains from business disposals, and reduced its long-term debt and net operating working capital, indicating a strong financial position and effective operational strategies.

More about GDI Integrated

GDI Integrated Facility Services Inc. operates in the facility services industry, providing a range of services including janitorial, technical, and building maintenance solutions. The company focuses on delivering integrated facility services to a diverse clientele across North America.

YTD Price Performance: -18.20%

Average Trading Volume: 10,135

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$789.5M

Learn more about GDI stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1