Brief: Tornado Global Hydrovacs Posts Quarterly Revenue Of C$16.9 Mln VS C$10.2 Mln
12/08/2019 14:00
Aug 12 (Reuters) - Tornado Global Hydrovacs Ltd TGH.V :
* TORNADO GLOBAL HYDROVACS REPORTS SECOND QUARTER 2019
RESULTS
* QTRLY REVENUE C$16.9 MILLION VERSUS C$10.2 MILLION
* COMPANY'S PRODUCTION AND SALES OF HYDROVAC TRUCKS IS
EXPECTED TO
CONTINUE TO INCREASE IN REMAINDER OF 2019
* TORNADO - INCREASED SPENDING ON INFRASTRUCTURE BY
CANADIAN, U.S.
GOVERNMENTS IS ANTICIPATED TO INCREASE MARKET DEMAND OF HYDROVAC
TRUCKS IN NORTH AMERICA
* TORNADO - EXPECTS WEAK CANADIAN DOLLAR TO CONTINUE TO
POSITIVELY
IMPACT PROFIT MARGINS
Source text for Eikon: ID:nGNX91Stlx
Further company coverage: TGH.V
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