By Kelly Cloonan

Finning International logged higher profit as revenue climbed in its latest quarter, driven by growth across each of its segments.

The Canadian industrial equipment dealer on Tuesday posted net income from continuing operations of 154 million Canadian dollars, equivalent to $109.9 million, or C$1.17 a share, compared with C$96 million, or C$0.69 a share, a year earlier.

Adjusted earnings per share were C$1.17, ahead of estimates of C$1.02 a share according to analysts polled by FactSet.

Revenue rose 14% to C$2.84 billion, topping analyst projections of C$2.58 billion.

New equipment sales climbed 12% on power systems deliveries, while product support sales rose 9%, driven by strong mining sector activity, Finning said. Sales in the company's used equipment and equipment rental businesses also increased.

Chief Executive Kevin Parkes said the results reflect the advantage of the company's diverse business, benefiting from strong demand in the mining and power systems industries as the construction market continues to face challenges.

Sales rose across each of the company's operating regions, including gains of 17% in South America, 13% in Canada and 4% in the U.K and Ireland.

Finning maintained that its direct impact from recent tariff policy changes has been limited and largely centered on its Canadian operations.

While the company remains cautious, Finning said it has not seen major shifts in customer purchasing decisions, significant supply chain changes or changes in the competitive dynamics in the markets it serves as a result of recent trade developments.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

November 11, 2025 17:27 ET (22:27 GMT)

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