Jun 19, 2026
Toromont (TIH) ripped 17% after announcing its power systems backlog is adding another $1B, more-than-double the ~$770M reported in Q1…
… which should drive continued top line acceleration, given nearly all of it should be delivered in 2027. To meet the demand, management is looking to add capacity…
… signalling confidence in the durability of its end market growth, which investors have been pricing in over the past year.
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