1401 ET - Finning International is entering a product support cycle that could be lucrative for the heavy-machinery dealer. In a report, Scotiabank's Jonathan Goldman says product support "could surprise to the upside this year" with consensus forecasting 4.6% growth for the segment in 2026, while "management PSU targets are based on +5.1% to +6.6%." Goldman notes that Canada should "pick up the slack from South America," with the Canadian truck population rising from 400 to 500 between 2023-2025 and another 50 to 60 expected to be delivered in 2026. Those trucks are starting to require regular maintenance, meaning Canada's product support growth should exceed oil sands production growth of greater than 2%-4%, Goldman says. Finning International up 7% to C$103.40. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
May 13, 2026 14:01 ET (18:01 GMT)
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