Overview

* Taiga Q2 sales rise 3% yr/yr to CAD 441 mln

* Gross margin improves to 11.2%, boosting net earnings to CAD 15.1 mln

* EBITDA for Q2 increases to CAD 23.5 mln

Result Drivers

* HIGHER PRICING - Sales growth attributed to higher average pricing and product mix

* GROSS MARGIN IMPROVEMENT - Increased gross margin driven by higher net sales

* NET EARNINGS BOOST - Net earnings rise due to increased gross margin dollars

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Sales C$441

mln

Q2 EPS C$0.14

Q2 Net C$15.10

Income mln

Q2 C$23.50

EBITDA mln

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.)