TORONTO, July 08, 2025 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX – XTC) today announced that it will report its financial results for the third quarter ended June 30, 2025 after the close of business on Wednesday July 30, 2025. Exco’s management will hold a conference call to discuss the results on Thursday July 31, 2025 at 10:00 a.m. To access the listen only live audio webcast, please log on to www.excocorp.com, or https://edge.media-server.com/mmc/p/x22wy8rc a few minutes before the event. Thos ...

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]