Lindsay Corp. Reports Record Profit in Q2. Strong Growth in Infrastructure and International Irrigation Business
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The stock of Lindsay Corp. may escape the weak market environment. It is a global manufacturer and distributor of irrigation and infrastructure equipment. The company released its Q2 figures on Thursday (April 3) before the market opened. International projects in the MENA region are driving the irrigation business with 11% revenue growth. Infrastructure revenues are doubling due to a large Road Zipper System™ project. This is a mobile barrier system for traffic control. It allows for flexible lane adjustments by shifting concrete barriers with...
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