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Trans Mountain Corporation reports a $568 million EBITDA for Q1 2025, marking a significant rise from last year.
Trans Mountain Corporation (TMC) reported a significant increase in adjusted EBITDA to $568 million in the first quarter of 2025, up $532 million from the same period in 2024.
The company's expanded pipeline system has seen strong throughput and vessel traffic.
Despite a slight decrease in net income, TMC's CEO, Mark Maki, noted the company's strategic value and readiness to take on additional pipeline projects if the private sector cannot manage them.
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Trans Mountain Corporation informa un EBITDA de $568 millones para el primer trimestre de 2025, lo que representa un aumento significativo con respecto al año pasado.