Free cash flow swung to an inflow of CAD 23 million from an outflow of CAD 376,000.
Guidance was raised for 2026 combined revenue to CAD 1.6 billion-CAD 1.8 billion; the adjusted EBITDA outlook was kept at CAD 380 million-CAD 420 million.
Q2 revenue and earnings
North American Construction Group posted Q2 revenue of CAD 401 million, up 25% year over year.
Net income fell 9% to CAD 9.4 million; adjusted net earnings rose to CAD 8.5 million from CAD 0.8 million.
Adjusted EBITDA increased 17% to CAD 93.5 million; adjusted EBITDA margin narrowed 1.1 percentage points to 20.5%.