Toromont Industries posted second-quarter revenue of $849.6 million, down 13.2% from a year ago, while first-half revenue was down 7%. President and CEO Scott Medhurst said the declines were due to "reduced economic activity, caused by the response to the COVID-19 pandemic."
COVID-19 affects Toromont's revenue in Q2, H1
Sign up for NAW SmartBrief
News for the wholesale distribution industry
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.