Foraco International SA FAR
Updated: 10 Aug 2026
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Recent News
On July 31, 2026, Foraco reported its second-quarter 2026 financial results, with revenue rising 22.4% year-over-year to $84.5 million supported by strong activity in North and South America. Rig utilization increased to 51% compared to 35% in the prior-year period, though profit margins were impacted by labor and consumable cost inflation. The company highlighted that its order backlog remains strong entering the second half of 2026.
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