Non-IFRS measure normalized EBITDA margin decreased to 20% for the year ended December 31, 2023 from 25% for the year ended December 31, 2022. This decrease was mainly due to decreased gross margins and increased operating costs.
Atlas Engineered Products
Atlas Engineered Products has secured its first large wall panel order out of its Atlas Building Systems location in Nanaimo, British Columbia and has already begun manufacturing and shipping for this project.