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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Tornado Infrastructure Equipment
Tornado Infrastructure Equipment (TGH) investor relations material
Tornado Infrastructure Equipment has been acquired
Tornado Infrastructure Equipment Q2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2025 earnings summary29 Aug, 2025
Executive summary
Acquired Custom Vacuum Services Ltd. for $28 million, expanding product offerings and expected to be immediately accretive.
Q2/2025 net income per share (diluted) rose 5.6% year-over-year to $0.019; net income increased 6.7% to $2,680 thousand.
Revenue grew 30.7% year-over-year to $44,985 thousand, driven by higher hydrovac truck sales, new product agreements, and CustomVac contribution.
Gross profit increased 44.5% to $9,010 thousand, reflecting improved efficiency and supply chain advantages.
Financial highlights
EBITDAS per share (diluted) up 39.3% year-over-year to $0.039; EBITDAS up 48.6% to $5,614 thousand.
Selling and general administrative expenses rose 33.2% to $3,396 thousand, mainly due to higher employee, sales, travel costs, and CustomVac integration.
Six-month revenue reached $80,634 thousand, up from $68,327 thousand year-over-year.
Six-month net income was $5,526 thousand, up from $4,938 thousand year-over-year.
Outlook and guidance
Management expects continued growth in production, sales, and profitability for 2025, supported by infrastructure spending and CustomVac acquisition.
Anticipates increased revenues from U.S. partner Custom Truck and expanded product offerings.
New Red Deer production facility to be operational in Q4/2025, boosting capacity and efficiency.
Strategy includes new product lines via internal development and acquisitions.
Expects benefits from strong USD on U.S. sales and improved dealer relationships.
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Latest events from Tornado Infrastructure Equipment
- Record revenue, CustomVac acquisition, and innovation drive strong growth and market leadership.TGH
Investor Presentation - Record revenue growth and profitability continue, fueled by innovation and strong market demand.TGHAGM 2024 Presentation
- Net income per share doubled and revenue rose 12.4% year-over-year, with strong growth outlook.TGHQ3 2024
- Q2 2024 saw record revenue and net income, with robust growth expected to continue.TGHQ2 2024
- Net income up 17.3% and CustomVac acquisition positions for further growth in 2025.TGHQ1 2025
- Record sales and net income in 2024, with strong growth outlook for 2025.TGHQ4 2024
- Q3 2024 revenue and EBITDAS surged as Tornado scales up for further growth.TGHCorporate Presentation
Tornado Infrastructure Equipment
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Frequently asked questions
Tornado Infrastructure Equipment Ltd is an India-based company engaged in the design, manufacturing, and supply of specialized equipment for infrastructure development. The company provides machinery and tools used in sectors such as road construction, mining, and utilities. Its product range may include trenchers, cable laying equipment, and related accessories. Tornado Infrastructure Equipment Ltd supports both public and private sector clients through equipment sales, rentals, and technical services. The company is headquartered in Gujarat, India, and its shares are listed on the NSE.