CHICAGO, July 31, 2024 /PRNewswire/ -- ForecastEx LLC ("ForecastEx"), a CFTC registered Designated Contract Market ("DCM") and Derivative Clearing Organization ("DCO"), is pleased to announce the launch of its event contract market effective August 1, 2024. ForecastEx will operate as a fully integrated DCM and DCO, offering Futures Commission Merchants ("FCMs") and their customers the ability to hedge against or express conviction on the outcome of key economic and climate events using Forecast Contracts. F ...

Revised proposal undervalues Ducommun's mid- and long-term growth initiatives and does not fully reflect the Company's strong record of performance. Ducommun's Board and Management remain focused on successfully delivering our Vision 2027 Strategy. Over the past seven years, our Board and Management team have effectively transformed the Company's business with strategic acquisitions of engineered product businesses with high aftermarket mix, implementation of a value-based pricing strategy, significant faci ...

Consistent with its fiduciary duties and in consultation with its legal and financial advisors, our Board of Directors carefully reviewed and considered Albion River's revised proposal. Following that review, our Board of Directors concluded that the Company's previously disclosed Vision 2027 Strategy reflects a substantially better long-term value creation opportunity for Ducommun's shareholders. About Ducommun Incorporated expressions that concern Ducommun's intentions or beliefs about future occurrences, ...

COSTA MESA, Calif., July 24, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company") today announced that it plans to release the Company's 2024 second quarter financial results on August 8, 2024, prior to the stock market opening. Stephen G. Oswald, the Company's chairman, president and chief executive officer, and Suman Mookerji, the Company's senior vice president and chief financial officer, will host a call that day at 10:00 a.m. PT (1:00 p.m. ET) to review these results ...

COSTA MESA, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) ("Ducommun" or the "Company"), a global supplier of innovative electronic systems and structural solutions for the aerospace and defense industry, confirmed today that on July 15, 2024, the Company's Board of Directors received an unsolicited revised non-binding indication of interest from Albion River LLC ("Albion River"), a private direct investment firm, to acquire all outstanding shares of Ducommun for $65.00 per sha ...

COSTA MESA, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) ("Ducommun" or the "Company"), a global supplier of innovative electronic systems and structural solutions for the aerospace and defense industry, confirmed today that on July 15, 2024, the Company's Board of Directors received an unsolicited revised non-binding indication of interest from Albion River LLC ("Albion River"), a private direct investment firm, to acquire all outstanding shares of Ducommun for $65.00 per sha ...

Synopsis Historical Financial Analysis Author's Chart Margins 25.0% 21.0% 20.0% 15.0% 10.0% 5.6% 5.0% 0.0% Operating income margin Adjusted operating Net income margin Adiusted net income margin margin 2021 = 2022 2023 Author's Chart In 2023, the net income margin fell from 4% to 2.1%. The decrease was due to higher SG&A, interest expense, and restructuring charges but was partially offied by gross profit margin expansion. On an adjusted bxsis, the adjusted net income margin contraction is slightly less, as ...

SANTA ANA, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE: DCO) ("Ducommun" or the "Company"), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, is proud to announce the receipt of a major award totaling over $12M in revenue for Raytheon's TOW missile system. This award represents the first order for this legacy program that will now be produced at the Company's world-class engineering and manufacturing performance center in Guay ...

SANTA ANA, Calif., June 20, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company"), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, is proud to announce the receipt of a major award totaling over $12M in revenue for Raytheon's TOW missile system. This award represents the first order for this legacy program that will now be produced at the Company's world-class engineering and manufacturing performance center in Guaym ...

SANTA ANA, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Ducommun Incorporated (NYSE:DCO) ("Ducommun" or the "Company"), a global supplier of innovative electronic and structural solutions for the aerospace & defense industry, is proud to announce that it has earned the Northrop Grumman Mission Systems ("NGMS") Platinum Supplier Designation. The designation recognizes Ducommun's continuous high level of quality and on-time delivery performance in providing micro power supplies to ground-based radar systems used ...