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Martinrea International Inc T.MRE

Alternate Symbol(s):  MRETF

Consumer Cyclical Auto Parts
Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's operations are segmented on a geographic basis between North America, Europe and Rest of the World. The Company's solutions include lightweight structures, propulsion systems, flexible manufacturing, and graphene technology. Its lightweight structure products include complex assemblies and exterior trim. Its flexible manufacturing products include bus frame assemblies and front vertical corner modules. Its graphene products include graphene and nylon coated brake lines and electric vehicle batteries enhanced with graphene. It operates in around 59 countries, such as Canada, the United States and Mexico.


TSX:MRE - Post by User

Martinrea International Inc
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Post by 93Darkhorse93on May 03, 2016 6:25pm
205 Views
Post# 24838568

Another Q of Record Revenue and EPS...

Another Q of Record Revenue and EPS...Revenue Growth of 13.3%(BEAT) with EPS growth of 5.5%(BEAT).  

Adjusting for the FX loss Adjusted EPS of 0.405 (12.5% EPS Growth)

Very strong Gross Margin and EBITDA Margin expansion as well.

2Q guidance remains firm even with unplanned shutdowns and an Earthquake(not even shifts in tectonic plates can slow this company)

I see this management team driving EPS growth even if auto sales consolidate at this level through operational efficiencies and scale at their new plants and continued production wins.

I believe Europe is bottoming and be a driver of growth YoY growth going forward and RoW fluids segment growth is an area to watch going forward as it scales and cost efficiencies are realized. 

This Management Team continues to deliver.
 
LONG 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities