Core Insights - Exco Technologies Limited reported solid results for Q2 fiscal 2025, with consolidated sales of $166.1 million, a 1% increase from $163.8 million in the same quarter last year [2][5] - The company announced a quarterly dividend of $0.105 per common share, to be paid on June 30, 2025 [1] Financial Performance - Net income for Q2 was $6.4 million, down from $8.1 million in the same quarter last year, representing a 21% decrease [7] - Earnings per share (EPS) were reported at $0.17, including $0.05 in restructuring charges [5][7] - EBITDA for the quarter totaled $19.7 million, a decrease of 7% from $21.2 million in the prior year [11] Segment Performance - The Automotive Solutions segment reported sales of $82.9 million, a decrease of 3% year-over-year, but a sequential increase of 15% [3] - The Casting and Extrusion segment saw sales of $83.2 million, an increase of 7% from the same period last year [4] Market Conditions - Global trade uncertainty has led the company to withdraw its Fiscal 2026 financial targets, although management remains optimistic about long-term growth opportunities [2][14] - The automotive market is facing challenges due to tariff uncertainties, recession risks, and environmental regulations, but there are supportive factors such as lower interest rates and an aging vehicle fleet [3][14] Strategic Initiatives - Exco is focusing on strategic investments and new program launches to capitalize on growth opportunities [14] - The company is developing its greenfield locations in Morocco and Mexico to gain market share in Europe and Latin America [6][15] Cash Flow and Capital Expenditures - Exco generated cash from operating activities of $8.7 million and free cash flow of $3.1 million in the quarter [12] - The company invested $4.1 million in growth capital expenditures during the quarter [12]

Numerous Financial Records Reflect Strength of Well-Positioned Portfolio Company Maintains Full Year Outlook ADDISON, Texas, April 29, 2025 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today reported its financial results for the first quarter of 2025. First Quarter Summary All comparisons are versus the comparable prior year period, unless oth ...

Company Announcement - Gates Industrial Corporation plc has rescheduled its first-quarter 2025 webcast and conference call from 10 a.m. Eastern time to 9 a.m. Eastern time on April 30, 2025 [1] - The access information for the conference call remains unchanged, with an audio replay available from approximately 1:00 p.m. Eastern time on April 30, 2025, until 11:59 p.m. Eastern time on May 7, 2025 [1] Company Overview - Gates is a global manufacturer specializing in innovative, highly engineered power transmission and fluid power solutions [2] - The company offers a broad portfolio of products to diverse replacement channel customers and OEMs, participating in various sectors of industrial and consumer markets [2] - Gates' products are essential in a wide range of applications across different end markets, including harsh industries and everyday consumer applications, and are sold in over 130 countries [2]