Kelso Technologies Inc. 2025 Outlook and Strategic Initiatives [Canadian Business Journal (Canada)]
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Source: Canadian Business Journal
WEST KELOWNA, British Columbia and BONHAM, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) — Kelso Technologies Inc (TSX: KLS) today announced that its Board of Directors has approved the budget for fiscal year 2025. The company anticipates sales growth to be flat to slightly positive, in the range of 0% to 5%, compared to fiscal year 2024. For FY2024, the Company expects to report revenue of $10.7 million. A key focus for FY2025 will be maintaining cost discipline as the company prepares for the anticipated upswing in new tank car builds expected to begin starting 2026. This strategic approach will position the company to capitalize on the increased demand and maximize profitability.“We are pleased to have reached a consensus on a budget that supports our strategic objectives for 2025,” said Paul Cass, Lead Independent Director. “While we anticipate modest sales growth, we are confident in our ability to navigate the current economic environment, maintain cost discipline, and deliver value to
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