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ATS Corp T.ATS

Alternate Symbol(s):  ATS

ATS Corporation is an automation solutions provider. It uses its knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added solutions, including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets, such as life sciences, transportation, food and beverage, consumer products, and energy. It engages with customers on both greenfield programs, such as equipping new factories, and brownfield programs, including capacity expansions, production relocations, equipment upgrades, software upgrades, efficiency improvements and factory optimizations. It offers post-automation services. It offers artificial intelligence and machine-learning-based tools for industrial production. It designs and manufactures automated water purification solutions. It also manufactures lab equipment for the life sciences and pharmaceutical industries.


TSX:ATS - Post by User

Bullboard Posts
Comment by fasteddy0043on Jun 08, 2008 8:53pm
619 Views
Post# 15159602

RE: 2nd Q CC 18 June 10:00

RE: 2nd Q CC 18 June 10:00

 
Don't seem to have much luck holding through a companies earnings.May sell half/all again if an opportunity presents itself.

A few negatives from the last Quarterly report

>Tohelp raise the $30 million needed to pay for the planned improvements,ATS is seeking to sell its precision components division and othernon-core assets, said Caputo 

(not sold yet?!)

Gary West, acting chief financialofficer, told the conference call that PCG is being hurt by difficultconditions in the North American auto parts market and the strongCanadian dollar

(dollar still high,maybe the high cost of gasoline will help with retooling or the Asian markets)

The quarter also included a $31.8-million gain on the sale of shares ofCanadian Solar Inc., and ATS ended the period with no net debt.<

(Don't see any boost to the bottom line except for  Photowatt France,will it be enough)

Bullboard Posts