Foraco International SA

Toronto Stock Exchange FAR.TO

Foraco International SA EBIT for the year ending December 31, 2023: USD 68.39 M

Foraco International SA EBIT is USD 68.39 M for the year ending December 31, 2023, a 44.72% change year over year. EBIT means earnings before interest and taxes, it is calculated as operating income plus non-operating income.
  • Foraco International SA EBIT for the year ending December 31, 2022 was USD 47.26 M, a -19.83% change year over year.
  • Foraco International SA EBIT for the year ending December 31, 2021 was USD 58.94 M, a 217.47% change year over year.
  • Foraco International SA EBIT for the year ending December 31, 2020 was USD 18.57 M, a 68.00% change year over year.
  • Foraco International SA EBIT for the year ending December 31, 2019 was USD 11.05 M, a 830.30% change year over year.
Key data
Date EBIT EBITDA Net Income EPS (Diluted)
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Toronto Stock Exchange: FAR.TO

Foraco International SA

CEO Mr. Timothy Bremner
IPO Date July 27, 2007
Location France
Headquarters 26 Plage de l’Estaque
Employees 2,100
Sector Energy
Industries
Description

Foraco International SA, together with its subsidiaries, provides drilling services worldwide. It operates through two segments: Mining and Water. The company offers its drilling services to the mining and energy industry, such as exploration, development, and production related underground water drilling services. It also drills wells for drinking, irrigation, industrial water, and dewatering wells; and undertakes a range of projects, including village water drilling programs, specialized drilling projects to access mineral water using sanitary protection methods, and large diameter well fields for residential supply in urban environments, as well as provides inspection, servicing, and rehabilitation services for existing wells. As of December 31, 2021, the company operated 302 drill rigs, including 62 rotary drilling rigs, 190 core diamond drilling rigs, 18 combination rigs, and 32 underground rigs. It serves mining companies, governmental organizations, and international development funds. The company was founded in 1961 and is headquartered in Marseille, France.

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StockViz Staff

January 15, 2025

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