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STRACON Group Reports Second Quarter 2026 Financial Results

STRACON reports second quarter 2026 revenue of US$208.3 million, up 6.5%, with gross profit up 23...

Stracon Group Holding Inc.August 14, 20265
STRACON Group Reports Second Quarter 2026 Financial Results

About this update from Stracon Group Holding Inc.

STRACON Group Reports Second Quarter 2026 Financial ResultsSTRACON reports second quarter 2026 revenue of US$208.3 million, up 6.5%, with gross profit up 23.0% and profit of US$3.4 million; the Pérez Caldera infrastructure project advances into constructionToronto, Ontario--(Newsfile Corp. - August 14, 2026) - STRACON Group Holding Inc. (TSX: STG) (BVL: STG) ("STRACON" or the "Company") today reported its financial results for the three-month and six-month periods ended June 30, 2026. The Company's unaudited interim condensed consolidated financial statements and Management's Discussion and Analysis ("MD&A") are available under the Company's profile on SEDAR+ at www.sedarplus.ca.Second Quarter 2026 HighlightsRevenue of US$208.3 million, an increase of 6.5% over the second quarter of 2025.Gross profit of US$24.0 million, an increase of 23.0% over the second quarter of 2025.Profit of US$3.4 million, compared with a loss of US$1.5 million in the second quarter of 2025.Financial HighlightsIn thousands of US dollars (unless noted)Q2 2026Q2 2025ChangeSTATEMENT OF PROFIT AND LOSS AND COMPREHENSIVE INCOMERevenue from contracts with customers208,297195,638+6%Gross profit23,97019,488+23%Profit (loss)3,375(1,465)n/mBasic and diluted earnings per share0.06(0.03)n/mNON-IFRS AND OTHER FINANCIAL MEASURES(1)EBITDA20,87816,120+30%Adjusted EBITDA (excluding intersegment EPC Contract Pérez Caldera margin)23,88018,349+30%Adjusted EBITDA Margin (excluding intersegment EPC Contract Pérez Caldera margin)(2)11.5%9.6%+1.9ppAdjusted Revenue (excluding intersegment EPC Contract Pérez Caldera)208,297191,764+9%Free Cash Flow45,84637,424+23%Adjusted Free Cash Flow37,92732,666+16%CASH FLOWNet cash and cash equivalents and restricted cash provided by operating activities52,87943,494+22% In thousands of US dollars (unless noted)H1 2026H1 2025ChangeSTATEMENT OF PROFIT AND LOSS AND COMPREHENSIVE INCOMERevenue from contracts with customers375,531361,336+4%Gross profit47,28033,998+39%Profit (loss)6,743(3,641)n/mBasic and diluted earnings per share0.13(0.07)n/mNON-IFRS AND OTHER FINANCIAL MEASURES(1)EBITDA41,00927,571+49%Adjusted EBITDA (excluding intersegment EPC Contract Pérez Caldera margin)45,14630,560+48%Adjusted EBITDA Margin (excluding intersegment EPC Contract Pérez Caldera margin)(2)12.0%8.7%+3.3ppAdjusted Revenue (excluding intersegment EPC Con...

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