TSX:DCM - Post Discussion
Post by
lscfa on Mar 20, 2024 12:49pm
Fins now on sedar
In November 2023, we updated our expected annualized post-acquisition synergies to a range of $30 to $35 million over the next 18 - 24 months, and that we had implemented initiatives expected to deliver annualized savings of approximately $17.5 million in 2024. We are updating that outlook. Based on initiatives implemented to date, we currently expect implemented synergy initiatives to generate annualized savings of approximately $22 million on an annualized basis, and continue to expect to realize total annualized synergies in a range of $30 to $35 million over the next twelve months. A significant proportion of the balance of our annualized synergies are expected to come from the planned closure of our Fergus and Trenton plants towards the end of this twelve month period.
| | 2024 est. |
| Q4 adj eps | $0.02 |
| X 4 qtrs = | $0.08 |
| $22M synergies | $0.40 |
| Annual adj eps | $0.48 |
| | |
| | 2025 est. |
| Q4 adj eps | $0.02 |
| X 4 qtrs = | $0.08 |
| $35M synergies | $0.64 |
| Annual adj eps | $0.72 |
Be the first to comment on this post