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Re: nelson1234 post# 123067

Thursday, 04/10/2025 10:12:32 AM

Thursday, April 10, 2025 10:12:32 AM

Post# of 130096
Yeah I was hoping some of the negative news on ADFJF was already priced in considering the stock has been annihilated. But I guess not. We're gonna hear plenty more companies in the coming weeks talking about the negative impact of these idiotic tariffs-

"Although we announced $120.0 million in new contracts at the very beginning of the current fiscal year, the uncertainty caused by the imposition of U.S. tariffs is delaying the conclusion of new commercial agreements, and in this context, we are compelled to analyze certain contingency measures, including the implementation of the Work-Sharing Program at our plant located in Terrebonne, Quebec. In this sense, we can already confirm that revenues for the fiscal year ending January 31, 2026, will be down, mainly in the first quarters, and that our margins will also be affected by the direct and indirect impacts of U.S. tariffs," said Mr. Jean Paschini, Chairman of the Board of Directors and Chief Executive Officer.

https://finance.yahoo.com/news/adf-group-inc-announces-results-110000666.html

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