- FLINT (FLNT) has booked new contract awards and renewals estimated to generate approximately $146 million in backlog
- These contracts were booked during the first 20 days of December
- The work will encompass Fabrication, Construction, Maintenance, Turnarounds and Exchanger Services
- FLINT provides maintenance, construction, wear technology and environmental services solutions to Industrial markets
- FLINT Corp. (FLNT) is up 11.11 per cent, trading at C$0.05 per share at 12:07 pm ET
FLINT (FLNT) has booked new contract awards and renewals estimated to generate approximately $146 million in backlog.
These contracts were booked during the first 20 days of December.
The work will encompass Fabrication, Construction, Maintenance, Turnarounds and Exchanger Services. The company expects to execute approximately 38 per cent of the work in 2023, with the balance in 2024-2025.
Barry Card, Chief Executive Officer of FLINT, commented on the news.
“The fourth quarter of 2022 has seen strong bookings. During the period from October 1, 2022, to the date of this press release, we have booked new contract awards and renewals that may generate approximately $273 million in backlog. We are proud to execute aspects of this awarded work in partnership with our local and Indigenous partners.”
FLINT provides maintenance, construction, wear technology and environmental services solutions to Industrial markets. Its markets include Energy, Petrochemical, Mining, Power, Agriculture, Forestry, Infrastructure and Water Treatment.
FLINT Corp. (FLNT) is up 11.11 per cent, trading at C$0.05 per share at 12:07 pm ET.