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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 DudeRancher1953on May 04, 2024 11:24am
188 Views
Post# 36023206

RE:Surprised

RE:SurprisedI think investors need to see contimued improvement in ROIC. They have a way to go. Still. they are making improvements. Automotive solutions remains a low margin business due the the low-tech products they produce.This is still a "show me" stock IMO. The risk involved is relatively low, however a big upside is less than assured.
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