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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

Post by Betteryear2on Dec 01, 2021 5:10pm
199 Views
Post# 34187286

Results for Fourth Quarter and Year Ended September 30, 2021

Results for Fourth Quarter and Year Ended September 30, 2021
  • Sales of $106.4 million for the quarter and $461.2 million for the year
  • EPS of $0.18 for the quarter and $0.98 for the year
  • EBITDA of $15.3 million and EBITDA margin 14.4% in the quarter
  • Free Cash Flow of $37.3 million or $0.95 per share in Fiscal 2021
  • Balance sheet in a $18.6 million net cash position

TORONTO, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX-XTC, OTCQX-EXCOF) today announced results for its fourth quarter and year ended September 30, 2021. In addition, the Company announced the quarterly dividend of $0.10 per common share which will be paid on December 31, 2021 to shareholders of record on December 17, 2021. The dividend is an “eligible dividend” in accordance with the Income Tax Act of Canada.

https://www.globenewswire.com/news-release/2021/12/01/2344584/0/en/Exco-Technologies-Announces-Results-for-Fourth-Quarter-and-Year-Ended-September-30-2021.html

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