Tornado Global Hydrovacs Ltd. provided earnings and production guidance for the remainder of 2024. The company expects the Company?s production and sales of hydrovac trucks and profitability to continue to grow in the remainder of 2024 for the following reasons: Expected continued spending on infrastructure in North America. The continuing addition of new and innovative products to its product lines that will support the infrastructure, telecommunications and oil and gas industries.

The anticipated increasing revenues and benefits from the Supply Contract with Ditch Witch. The anticipated increasing revenues and benefits from the exclusive sales arrangement with its US strategic partner, Custom Truck, that the Company entered into in 2019. The Company?s commitment to continuous improvement of its hydrovac truck design which in the Company?s view will result in advantages over other hydrovac trucks currently offered in the market.

The Company?s ability to continue to secure key manufacturing components, including chassis for customers, into future years through strategic relationships. The Company has strengthened its dealer relationships in both Canada and US to meet the expected demand increase. Expanded North American coverage for maintenance warranty and repair to serve customers better.