Overview
* GDI Q3 2025 revenue falls 4% yr/yr, missing analyst expectations
* Adjusted EBITDA for Q3 2025 misses estimates, remains at 6% margin
* The Montreal-headquartered firm's Q3 net income doubles to C$14 mln, aided by asset disposal gains
Outlook
* GDI expects client realignment in USA to finish by mid-next year
* Company focuses on operational efficiencies amid economic uncertainty
* GDI continues to reduce long-term debt, focusing on growth via acquisitions
Result Drivers
* REVENUE DECLINE - Revenue decreased 4% due to a 2% organic decline in Business Service USA and 2% from prior year business disposals
* ASSET DISPOSAL GAIN - Net income increase partly due to C$5 mln gain on asset disposal
* TECHNICAL SERVICES GROWTH - Higher project margins drove growth in Technical Services segment
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Miss C$615 C$638.40
Revenue mln mln (4
Analysts
)
Q3 Net C$14 mln
Income
Q3 Miss C$38 mln C$39.30
Adjusted mln (4
EBITDA Analysts
)
Analyst Coverage
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the business support services peer group is "buy."
* Wall Street's median 12-month price target for GDI Integrated Facility Services Inc ( GDIFF ) is C$33.00, about 11.8% above its November 5 closing price of C$29.10
* The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 17 three months ago
Press Release:
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(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.)