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Perma-Pipe FY25 net income rises 88.9% to $17 million; net sales increase 33.1% to $210.9 million

PUBT·04/16/2026 13:02:27
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Perma-Pipe FY25 net income rises 88.9% to $17 million; net sales increase 33.1% to $210.9 million
  • Perma-Pipe posted fiscal 2025 net income attributable to common stock of $17 million, up 88.9%.
  • Net sales climbed to $210.9 million, increasing 33.1%.
  • Operating income rose to $29.4 million.
  • Backlog stood at $121.6 million as of Jan. 31, 2026.
  • Expansion plans include a long-term lease for a new Ohio production facility, alongside a new credit facility with J.P. Morgan Chase to support global growth.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perma-Pipe International Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260416587944) on April 16, 2026, and is solely responsible for the information contained therein.