AirBoss Reports 2nd Quarter 2026 Results

NEWMARKET, Ontario, Aug. 05, 2026 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (OTCQX: ABSSF) (the “Company” or “AirBoss”) today announced its second quarter 2026 results. The Company will host a conference call and webcast to discuss the results on August 6(th) at 9:00 am (ET), the details of which are outlined below. All dollar amounts are shown in thousands of United States dollars ("US$" or "$"), except share data, unless otherwise noted.

Recent Highlights * Basic profit per share increased to $0.09 in the second quarter of 2026 ("Q2 2026") compared to $0.08 per share in the second quarter of 2025 ("Q2 2025"); * Adjusted EBITDA increased for the third consecutive quarter to $9,523 in Q2 2026. Profitability over this period improved from a loss of $2,092 in the third quarter of 2025 to a profit of $2,512 in Q2 2026; * Appointed Ryan Voegeli, the Head of Investment Banking, Canada, at Barclays, to its Board of Directors, effective August 5, 2026; and * Declared a quarterly dividend of CAD$0.035 per common share. “AirBoss continued to build momentum during the second quarter of 2026, delivering improved profitability and strong operating performance despite an environment that remains characterized by economic and geopolitical uncertainty,” said Chris Bitsakakis, President and Co-CEO of AirBoss. “AirBoss Manufactured Products continued to perform well, driven by ongoing deliveries under previously awarded defense contracts and continued improvement in the rubber molded products business. We were also encouraged by improved demand at AirBoss Rubber Solutions, where volumes improved across several customer sectors. Across the organization, we remained focused on disciplined cost management, operational execution and continuous improvement initiatives while continuing to navigate tariffs, inflationary pressures and ongoing market volatility. We remain committed to growing our core Rubber Solutions segment, expanding our advanced rubber molded products business and positioning our defense business to capitalize on opportunities with NATO and other partner nations. We believe our continued focus on disciplined execution and strategic investment will position the Company to capitalize on opportunities as market conditions continue to evolve."