tiprankstipranks
Titanium Transportation Boasts Solid Growth in 2023
Company Announcements

Titanium Transportation Boasts Solid Growth in 2023

Titanium Transportation (TSE:TTNM) has released an update.

Don't Miss our Black Friday Offers:

Titanium Transportation Group Inc. has announced a strong finish to FY 2023, with a 32% growth in its trucking segment and a 9.3% volume increase in logistics, despite market challenges. The company highlighted financial resilience with a solid $10.2 million net income and strategic expansion into the U.S. market through the acquisition of Crane Transport. Furthermore, Titanium anticipates robust free cash flow in the coming 24 months, enabling debt reduction, dividend distribution, and potential stock buybacks.

For further insights into TSE:TTNM stock, check out TipRanks’ Stock Analysis page.

Related Articles
Ryan AdistTitanium Transportation (TTNM) Announces Q4 Dividend: Read On for Important Dates
TipRanks Canadian Auto-Generated NewsdeskTitanium Transportation Reports Growth and Expansion
Carrie WilliamsTTNM Upcoming Earnings Report: What to Expect?
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