AirBoss of America Corp T.BOS

Alternate Symbol(s): ABSSF

Chemicals Basic Materials

AirBoss of America Corp. is a Canada-based company, which develops, manufactures, and markets rubber-based products. The Company serves its products to automotive, heavy commercial, construction and infrastructure, oil and gas, and defense sectors. The Company operates through three segments: AirBoss Defense Group, Rubber Solutions, and Engineered Products. Its AirBoss Defense Group segment includes the manufacturing and distribution of personal protection and safety products, primarily for CBRN-E threats, and the manufacture of semi-finished rubber related products. Its Rubber Solutions segment includes manufacturing and distribution of rubber compounds and distribution of rubber compounding related chemicals. Its Engineered Products manufacturing and distribution of anti-noise, vibration, and harshness dampening parts. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling primarily in North American markets.

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Post by retiredcfon Oct 19, 2021 9:16am

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Post# 34021689

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Supply Chain Issues Push Out Nitrile Glove Deliveries Into
Q4/21; Maintaining 2021 Guidance
Our Conclusion

BOS provided updates on its Q3/21 operations, given the disruption in
production and global logistics. This has resulted in a pushout of sales into Q4/21, but the company maintained its full-year 2021 guidance. We continue to have a positive outlook on BOS given its pipeline of organic and inorganic opportunities and would be buyers on a pullback in the name related to this update. We maintain our Outperformer rating with a C$55 price target.

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