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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 May 01, 2024 5:20pm
158 Views
Post# 36018282

Exco Results for Second Quarter

Exco Results for Second Quarter
  • Consolidated Sales of $163.8 million compared to $155.7 million the prior year quarter;
  • Net Income of $8.1 million represents a 29% increase over prior year quarter;
  • EPS of $0.21 compared to $0.16 prior year quarter:
  • EBITDA of $21.2 million compared to $17.8 million the prior year quarter
  • Quarterly dividend of $0.105 per common share to be paid June 28, 2024

TORONTO, May 01, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX-XTC) today announced results for its second quarter of fiscal 2024 ended March 31, 2024. In addition, Exco announced a quarterly dividend of $0.105 per common share which will be paid on June 28, 2024 to shareholders of record on June 14, 2024. The dividend is an “eligible dividend” in accordance with the Income Tax Act of Canada.

Exco Results for Second Quarter Ended March 31, 2024 (globenewswire.com)

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