Foraco International SA has announced its first quarter 2023 results. The company set an all-time revenue record of US$ 88.4 million in the first quarter of 2023 compared to US$ 67.7 million in the first quarter of 2022, an increase of 30%. The last twelve months revenue reached a new high of US$ 351 million. Foraco explained that these results showed the success of the company’s strategy developed and consistently applied over the past few years.

Foraco International SA is a leading global provider of mineral and water drilling services and a client of our Bristol Investor Relations company.

Read the full press release here: Foraco International reports record first quarter 2023 revenue and 22% EBITDA margin