Finning International's Power Generation Segment Has Room to Grow -- Market Talk

Dow Jones

06/17

0901 ET - Finning International has a long runway in the power generation segment, according to RBC in a report. Analyst Sabahat Khan says that beyond the more conventional heavy equipment side of the business, Finning's management says the company has begun selling Power Generation solutions into the broader European market which has the potential to be about 30%-50% of the size of UK & Ireland. About 90% of the company's Power Generation revenue related to the data center space comes from UK & Ireland today, with the remainder largely coming from Canada, Khan says. Finning is also looking to double electric power generation sales in Canada, he says. Khan adds that potential avenues for this growth include data center, and potential prime electric power. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

June 17, 2025 09:01 ET (13:01 GMT)

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Analyst Sabahat Khan says that beyond the more conventional heavy equipment side of the business, Finning's management says the company has begun selling Power Generation solutions into the broader European market which has the potential to be about 30%-50% of the size of UK & Ireland. About 90% of the company's Power Generation revenue related to the data center space comes from UK & Ireland today, with the remainder largely coming from Canada, Khan says. Finning is also looking to double electric power generation sales in Canada, he says. Khan adds that potential avenues for this growth include data center, and potential prime electric power. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PW":"Power REIT","FINGF":"Finning International Inc.","BK4104":"贸易公司与经销商","BK4234":"特殊用途房地产信托","BK4084":"特种房地产投资信托"},"translate_title":"芬宁国际的发电业务有增长空间——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PW":1,"FINGF":1},"content_text":"0901 ET - Finning International has a long runway in the power generation segment, according to RBC in a report. Analyst Sabahat Khan says that beyond the more conventional heavy equipment side of the business, Finning's management says the company has begun selling Power Generation solutions into the broader European market which has the potential to be about 30%-50% of the size of UK & Ireland. About 90% of the company's Power Generation revenue related to the data center space comes from UK & Ireland today, with the remainder largely coming from Canada, Khan says. Finning is also looking to double electric power generation sales in Canada, he says. Khan adds that potential avenues for this growth include data center, and potential prime electric power. (adriano.marchese@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  June 17, 2025 09:01 ET (13:01 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}