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Airboss Of America Corp. - ABSSF STOCK NEWS

Welcome to our dedicated news page for Airboss Of America (Ticker: ABSSF), a resource for investors and traders seeking the latest updates and insights on Airboss Of America.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Airboss Of America's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Airboss Of America's position in the market.

Rhea-AI Summary
AirBoss of America Corp. (ABSSF) announces amendments to its senior secured revolving credit facilities, including downsizing the credit facility, setting maximum quarterly dividends, limiting capital expenditures, and changing financial ratios until 2024. The Company aims to invest in long-term growth while prioritizing deleveraging.
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AirBoss of America Corp. announced its fourth quarter and annual results, highlighting $40.9 million cash from operations in 2023, a quarterly dividend of C$0.07 per common share, and a strategic transition plan for sustainable growth. The Company faced economic headwinds in 2023 but focused on cost management and long-term priorities. Financially, there was a decrease in net sales in Q4 2023, but an increase in consolidated gross profit for the year. Adjusted EBITDA decreased in Q4 2023 and for the year compared to 2022.
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0.78%
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AirBoss of America Corp. (ABSSF) announces Q4 and annual results with $40.9 million cash from operations in 2023. The Company focuses on strategic transition for sustainable growth amidst economic challenges.
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AirBoss of America Corp. announces a strategic transition with new reportable segments, focusing on Rubber Solutions and Manufactured Products. The transition aims to drive growth, diversification, and productivity, with a preview of annual 2023 financial results showing a decrease in net sales and adjusted EBITDA compared to 2022.
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AirBoss of America Corp. appoints Mikael Fryklund as Executive Vice President and Chief Strategy Officer. Fryklund brings three decades of experience in the global rubber business, including senior managerial and executive roles for rubber and plastic manufacturers. His expertise will be crucial in shaping and executing the company's strategic direction.
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AirBoss of America Corp. (TSX: BOS)(OTCQX:ABSSF) announced Q3 results, highlighted by $11.8 million contract awards for ADG, cost savings initiatives, and a reduction in dividends. Gross profit increased by $60,802 to $13,765 for Q3 2023. Adjusted EBITDA increased by 470.3% compared to Q3 2022.
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AirBoss of America Corp. to release third quarter results and hold conference call
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Airboss Of America Corp.

OTC:ABSSF

ABSSF Rankings

ABSSF Stock Data

107.83M
21.53M
34.8%
2.43%
Synthetic Rubber Manufacturing
Manufacturing
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Canada
Newmarket