Increased Adjusted Earnings
ATCO achieved adjusted earnings of $101 million or $0.90 per share in the second quarter, up $5 million compared to the same period in 2024.
Strong Performance in ATCO Structures
ATCO Structures delivered adjusted earnings of $32 million, up $2 million compared to the same period in 2024. The segment posted an adjusted EBITDA of $70 million, on track to exceed last year's EBITDA of $241 million.
Cash Flow and Capital Expenditure Growth
Stand-alone ATCO businesses reported cash flow from operating activities of $192 million year-to-date, up over 30% compared to the previous year. Capital expenditures were $117 million, up $43 million year-over-year.
Growth in Global Space Rentals
ATCO Structures' global space rentals business increased fleet size by 54% over the last 5 years, maintaining an average utilization rate of 75%.
Strategic Expansion and Acquisitions
Expansion included a new manufacturing facility in Australia and strategic acquisition of NRB to enhance modular manufacturing and housing capabilities.