LAKE: Sequential revenue and margin gains, strong fire growth, and global tenders drive optimism
Q2 FY27 saw sequential growth in revenue and margin, with fire segment strength and margin recovery. Operating cash flow improved, inventory declined, and multiple global tenders were secured. Outlook calls for continued margin gains, higher fire mix, and further portfolio optimization.Based on Lak…
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10:08:17 PM UTC
SquawkNews
Q2 FY27 saw sequential growth in revenue and margin, with fire and service platforms driving performance. Gross margin improved to 37%, and operating cash flow turned positive. Ongoing portfolio repositioning and global tender wins support a positive outlook for the second half.Based on Lakeland In…
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