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An announcement from Tornado Global Hydrovacs ( (TSE:TGH) ) is now available.
Tornado Infrastructure Equipment Ltd. reported significant financial growth in Q2 2025, driven by increased hydrovac truck sales and the acquisition of Custom Vacuum Services Ltd. This acquisition, valued at $28 million, is expected to enhance Tornado’s product offerings and operational efficiencies. The company’s revenue rose by 30.7% compared to Q2 2024, with net income and EBITDAS also showing notable improvements. The strategic acquisition and increased demand for hydrovac trucks position Tornado favorably in the market, promising potential synergies and expanded sales channels.
The most recent analyst rating on (TSE:TGH) stock is a Buy with a C$2.80 price target. To see the full list of analyst forecasts on Tornado Global Hydrovacs stock, see the TSE:TGH Stock Forecast page.
More about Tornado Global Hydrovacs
Tornado Infrastructure Equipment Ltd. operates in the infrastructure equipment industry, specializing in the manufacture and service of hydrovac trucks and vacuum equipment. The company focuses on sectors such as oil and gas, utilities, and environmental services, with a market presence in North America.
Average Trading Volume: 131,233
Technical Sentiment Signal: Buy
Current Market Cap: C$269.2M
For a thorough assessment of TGH stock, go to TipRanks’ Stock Analysis page.