RB Global Q3: Strong Numbers, Strategic Moves

RB Globals Q3 results showcase strength with 16% adjusted EBITDA growth and 9% increase in automotive volumes. They secured a major U.S. GSA partnership, expanding end-to-end service. Operations remained efficient with high on-time tow rates and reduced sign-to-settle times. Commercial construction and transportation saw 14% growth, and theyre acquiring Smith Broughton Auctioneers and Allied Equipment Sales. A new operating model targets $25 million in savings, and theyre divesting DDI Technologies. Guidance for 2025 is adjusted EBITDA up 1.35-1.38 billion, with gross transactional value flat to 1% up. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/00a4860ec5525251