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Exco Technologies Ltd T.XTC

Alternate Symbol(s):  EXCOF

Exco Technologies Limited is a Canada-based global supplier of technologies servicing the diecast, extrusion and automotive industries. The Company operates through two business segments: Casting and Extrusion Technology (Casting and Extrusion) and Automotive Solutions. The Casting and Extrusion segment designs and engineers tooling and other manufacturing equipment. Its operations are substantially for automotive and other industrial markets in North America and Europe. The Automotive Solutions segment produces automotive interior components and assemblies primarily for seating, cargo storage and restraint for sale to automotive manufacturers and Tier 1 suppliers (suppliers to automakers). The Company operates in approximately 21 strategic locations in nine countries and serves a various customer base.


TSX:XTC - Post by User

Comment by Defiance2050on Jul 28, 2021 11:33pm
201 Views
Post# 33619336

RE:Earnings out

RE:Earnings out

Normalized quarter without resin price increases and microchip shortage would have done better. 

Outlook has several items such as a 1.90 eps target by 2026 roughly ~10% EBITDA, EPS increase annual. EVs have a potential to win new business. Expected to exceed 40m capital expenditures in 2021.

 

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