North American Construction reports Q1 adjusted EPS C$0.37 vs. C$0.52 last year

Reports Q1 revenue C$422.5M vs. C$391.5M last year. “Our operations teams on both sides of the Pacific performed ahead of the expectations we had set entering the year. I am encouraged by their performance as the quarter reflected disciplined execution, improved operating focus, and, with that, early progress against the priorities we established for 2026 – in both our core regions of Australia and Canada,” commented CEO Barry Palmer. “Due to the seasonal spring break-up in the oil sands region, historically generating a 15% revenue impact between Q1 and Q2, we maintain our original outlook for the second quarter and maintain our strong second half outlook which is immediately ahead of us with the task at hand to execute. I am looking forward to leading our teams through what I believe will be a very exciting 2026 and an even stronger 2027. Our business is positioned to generate the free cash flow that underpins our investment decisions and we will continue to steward that cash flow with strategic discipline for the benefit of our shareholders”.