DRX: Sizeable Beat on Q1 Financials & Returning Cash to Shareholders
ADF Group reported Q1 financial results that largely beat our estimates, including revenue of $107.4M (+34% YoY) vs. $90.1M and EBITDA of $23.1M...
224 Views
DRX: Here We Go Again; Increasing TP on Contract Announcement
ADF announced a series of new contracts totalling $90M spanning the pharmaceutical, industrial, and public infrastructure sectors. This includes...
219 Views
DRX: Another Quarter, Another Beat; Increasing Target Price
FY24 marked another stellar year for ADF as it benefits from infrastructure spending across North America and the automation capex program at its...
526 Views
DRX: Q4 Financials Preview
What you need to know: • ADF Group will be reporting Q4 & FY24 financial results on April 11th before market open. • For Q4, we are expecting...
272 Views
DRX: Increasing Target Price on Improved Outlook
We are revisiting the assumptions in our model for ADF following strong industry data and positive conversations with management.
202 Views