North American Construction Group Ltd. reported unaudited consolidated earnings results for the second quarter ended June 30, 2018. For the quarter, the company reported revenue of CAD 79,471,000 against CAD 47,624,000 a year ago. Current year revenue was driven by an increase in both mine support services revenue and overburden removal and earthworks activity at each of the Mildred Lake and Millennium mines. Operating income was CAD 1,696,000 against operating loss of CAD 6,590,000 a year ago. Net income was CAD 33,000 or CAD 0.00 per basic and diluted share against net loss of CAD 6,200,000 or CAD 0.23 per basic and diluted share a year ago. LBIT was CAD 1,663,000 against EBIT of CAD 6,605,000 a year ago. EBITDA was CAD 12,788,000 against CAD 1,674,000 a year ago. Adjusted EBITDA was CAD 15,205,000 against CAD 1,955,000 a year ago.

For the full year of 2018, the company is also on track to exceed its growth objectives for 2018. EBITDA growth is now expected to be at least 30%, bringing strong earnings (EPS) gains.