ADF Group (TSX:DRX) Is Down 18.0% After Weaker Earnings But Backlog Jumps

ADF Group Inc. recently reported its full-year results to January 31, 2026, with sales of CA$258.74 million and net income of CA$26.31 million, while also declaring a semi-annual dividend of CA$0.02 per share payable on May 15, 2026. Amid weaker annual earnings, the company secured CA$157.3 million in new contracts and lifted its order backlog to CA$561.1 million as of January 31, 2026, excluding these latest projects. We’ll now examine how the weaker annual results alongside CA$157.3…