Overview

* Anaergia Inc ( ANRGF ), which provides integrated waste-to-resource solutions, posts about 37% growth in Q2 revenue

* Gross profit margin rises to 32.5%, reflecting improved segment margins

* Revenue backlog increases to C$244 mln, indicating positive future prospects

Outlook

* Anaergia ( ANRGF ) sees strong demand for sustainable waste solutions driving future growth

* Company expects regulatory and environmental tailwinds to support business expansion

Result Drivers

* CAPITAL SALES - Revenue growth primarily driven by higher Capital Sales in Italy and North America

* GROSS PROFIT MARGIN - Increased gross profit margin across all segments contributed to improved financial results

* REVENUE BACKLOG - Revenue backlog surged to CAD 244 mln, enhancing future visibility and optimism

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat C$32.3 C$27 mln

Revenue mln (1

Analyst)

Q2 -C$2.20

Adjusted mln

EBITDA

Analyst Coverage

* The one available analyst rating on the shares is "hold"

* The average consensus recommendation for the environmental services & equipment peer group is "buy."

* Wall Street's median 12-month price target for Anaergia Inc ( ANRGF ) is C$1.30, about 3.8% below its August 12 closing price of C$1.35

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)