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Foraco International S.A., through its global subsidiaries, provides comprehensive drilling services. The company's activities are divided into two main segments: Mining and Water. In the mining and energy sectors, Foraco offers drilling expertise for exploration, development, and production stages, including specialized underground water drilling. Within the water segment, it drills essential wells for drinking, agricultural irrigation, industrial use, and dewatering. Its project scope also covers community water programs, precise mineral water drilling adhering to sanitary standards, and…
Foraco International TSE: FAR reported second-quarter revenue growth as drilling activity increased across North America and South America, while management said pricing actions and maturing contract startups should support margin recovery in the second half of 2026.
Toronto, Ontario and Marseille, France--(Newsfile Corp. - June 15, 2026) - Foraco International SA (TSX: FAR) (the "Company" or "Foraco"), a leading global provider of mineral and water drilling services, announces today that it has been advised by the Company's founders, Daniel Simoncini and Jean-Pierre Charmensat, that each of Daniel Simoncini and Jean-Pierre Charmensat have completed sales of Foraco ordinary shares ("Ordinary Shares") as part of their long-term personal and estate planning. Tim Bremner, Chief Executive Officer of Foraco, said: "Foraco is operating with a strong leadership team and clear priorities.
Foraco International SA (FAR:CA) Q1 2026 Earnings Call Transcript
Foraco International SA (FAR:CA) Q4 2025 Earnings Call Transcript