Canada

Finning 2016 Q3 Results

Nov 3, 2016

Financial ResultsQ3 2016 HIGHLIGHTS

  • Significant progress in the UK & Ireland to lower the cost structure and improve capital efficiency resulted in an EBIT(1) margin of 3.8%.
  • Operational improvements and cost reductions enabled Canada to maintain profitability in a difficult economic environment.
  • South America achieved significant improvement in Adjusted ROIC(1)(2)(3) driven by sustained profitability and reduced invested capital.
  • Strong free cash flow(3) of $163 million in Q3 and $257 million year-to-date reflected improved management of working capital.

For the complete results: View Q3 Results