EXCO TECHNOLOGIES


Associated tags: Exco Technologies, Exco, PIN, TSX, XTC, Conference

Locations: MARKHAM, ON, CA, MAGNA, ONTARIO, TORONTO, LATIN AMERICA, RUSSIA, UKRAINE, MOROCCO, NORTH AMERICA, MEXICO, EUROPE

Exco Technologies Limited Announces Second Quarter Results on May 1, 2024

Retrieved on: 
Monday, April 8, 2024

TORONTO, April 08, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX – XTC) today announced that it will report its financial results for the second quarter ended March 31, 2024 after the close of business on Wednesday May 1, 2024.

Key Points: 
  • TORONTO, April 08, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX – XTC) today announced that it will report its financial results for the second quarter ended March 31, 2024 after the close of business on Wednesday May 1, 2024.
  • Those interested in participating in the question-and-answer conference call may register at https://register.vevent.com/register/BIb673dbd556554deba58e4f62aeb8f8e6 to receive the dial-in numbers and unique PIN to access the call.
  • For those unable to participate on May 2, 2024, an archived version will be available on the Exco website ( www.excocorp.com ) until May 17, 2024.
  • Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries.

Exco Technologies Limited Announces Normal Course Issuer Bid

Retrieved on: 
Thursday, February 15, 2024

TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX: XTC) ("Exco" or the "Company") today announced that the Toronto Stock Exchange ("TSX") has approved the Company's normal course issuer bid ("NCIB").

Key Points: 
  • TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX: XTC) ("Exco" or the "Company") today announced that the Toronto Stock Exchange ("TSX") has approved the Company's normal course issuer bid ("NCIB").
  • As of February 7, 2024, Exco had 38,861,212 common shares issued and outstanding.
  • The actual number of shares that may be purchased and the timing of any such purchases will be determined by Exco.
  • Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries.

Exco Technologies Limited Announces New Director

Retrieved on: 
Monday, February 5, 2024

MARKHAM, Ontario, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Brian Robbins, Executive Chair of Exco Technologies Limited (TSX-XTC) is pleased to announce the appointment of Tommy (Tom) J. Skudutis to Exco’s Board of Directors, effective immediately.

Key Points: 
  • MARKHAM, Ontario, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Brian Robbins, Executive Chair of Exco Technologies Limited (TSX-XTC) is pleased to announce the appointment of Tommy (Tom) J. Skudutis to Exco’s Board of Directors, effective immediately.
  • Tom brings a wealth of experience to Exco from his lengthy career in the automotive industry.
  • Tom will join the Board as an independent director with this appointment bringing the size of the Board to six directors.
  • Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries.

Exco Technologies Limited Announces Results for First Quarter Ended December 31, 2023

Retrieved on: 
Wednesday, January 31, 2024

Consolidated sales for the first quarter ended December 31, 2023 were $156.7 million compared to $139.1 million in the same quarter last year – an increase of $17.6 million, or 13%.

Key Points: 
  • Consolidated sales for the first quarter ended December 31, 2023 were $156.7 million compared to $139.1 million in the same quarter last year – an increase of $17.6 million, or 13%.
  • Adjusting for the strike impact, sales were up at all four of the segment’s locations compared to the prior year quarter.
  • The effective income tax rate was 23.6% in the current quarter compared 22.7% in the same quarter last year.
  • Non-cash working capital consumed $3.6 million of cash in the quarter compared to $3.4 million in the same quarter last year.

Exco Technologies Limited 2023 Annual Meeting Results

Retrieved on: 
Thursday, January 25, 2024

TORONTO, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX-XTC) announced voting results from its 2023 annual meeting of shareholders held on January 24, 2024.

Key Points: 
  • TORONTO, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX-XTC) announced voting results from its 2023 annual meeting of shareholders held on January 24, 2024.
  • A total of 25,764,482 Common Shares or 66.27% of our issued and outstanding Common Shares, were voted in connection with the meeting.
  • Based on proxies received prior to the meeting, each director nominee was elected by a substantial majority as follows:

Exco Technologies Limited to Exhibit and Present at the World Outlook Financial Conference February 2 and 3 in Vancouver, BC

Retrieved on: 
Monday, January 22, 2024

TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX – XTC) today announced that it will attend the 35th annual World Outlook Financial Conference Feb 2nd & 3rd at the Westin Bayshore Hotel in Vancouver, BC.

Key Points: 
  • TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX – XTC) today announced that it will attend the 35th annual World Outlook Financial Conference Feb 2nd & 3rd at the Westin Bayshore Hotel in Vancouver, BC.
  • Exco will be exhibiting for both days and Mr. Darren Kirk, Exco’s President and Chief Executive Officer, will present “Shaping a Sustainable Future for the Automotive Industry” at a VIP luncheon on Feb 3.
  • Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries.
  • Through its 21 strategic locations in 9 countries, Exco employs approximately 5,000 people and services a diverse and broad customer base.

Exco Technologies Limited Announces First Quarter Results On January 31, 2024 And Annual General Meeting On January 24, 2024

Retrieved on: 
Tuesday, January 9, 2024

TORONTO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX – XTC) today announced that it will report its financial results for the first quarter ended December 31, 2023 after the close of business on Wednesday January 31, 2024.

Key Points: 
  • TORONTO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX – XTC) today announced that it will report its financial results for the first quarter ended December 31, 2023 after the close of business on Wednesday January 31, 2024.
  • For those unable to participate on February 1, 2024, an archived version will be available on the Exco website until February 15, 2024.
  • As a reminder, the Annual Meeting of Shareholders of Exco Technologies Limited will be held virtually on Wednesday January 24, 2024 at 4:30 p.m. (Toronto time).
  • Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries.

Exco Technologies Limited Announces Results for Fourth Quarter and Year Ended September 30, 2023

Retrieved on: 
Wednesday, November 29, 2023

Exco expects a muted impact from these strikes in its first quarter results in F2024.

Key Points: 
  • Exco expects a muted impact from these strikes in its first quarter results in F2024.
  • The effective income tax rate was 25% in the current quarter compared 26% in the same quarter last year.
  • Higher fourth quarter net income, depreciation, deferred taxes, and interest expense contributed to the increased operating cash flow in the current quarter.
  • For those unable to participate on November 30, 2023, an archived version will be available on the Exco website until December 15, 2023.

Exco Technologies Limited Announces Fourth Quarter Results on November 29, 2023

Retrieved on: 
Monday, November 6, 2023

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX – XTC, OTCQX - EXCOF) today announced that it will report its financial results for the fourth quarter ended September 30, 2023 after the close of business on Wednesday November 29, 2023.

Key Points: 
  • TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX – XTC, OTCQX - EXCOF) today announced that it will report its financial results for the fourth quarter ended September 30, 2023 after the close of business on Wednesday November 29, 2023.
  • Exco’s management will hold a conference call to discuss the results on Thursday November 30, 2023 at 10:00 a.m. Eastern Time.
  • For those unable to participate on November 30, 2023, an archived version will be available on the Exco website ( www.excocorp.com ) until December 15, 2023.
  • Exco Technologies Limited is a global supplier of innovative technologies servicing the die-cast, extrusion and automotive industries.

Exco Results for Third Quarter Ended June 30, 2023

Retrieved on: 
Wednesday, August 2, 2023

The last of the equipment became operational in the second quarter of fiscal 2023.

Key Points: 
  • The last of the equipment became operational in the second quarter of fiscal 2023.
  • During the quarter, IHS Markit estimates vehicle production volumes increased 15% in North America and 14% in Europe compared to the prior year quarter.
  • For the quarter, EBITDA as a percentage of sales of 11% remained unchanged compared to the prior year quarter.
  • For those unable to participate on August 3, 2023, an archived version will be available on the Exco website until August 18, 2023.