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Heroux Devtek Inc (HRX.TO)

HRX.TO on Toronto Stock Exchange

15.99CAD
23 May 2019
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Latest Key Developments (Source: Significant Developments)

Héroux-Devtek Reports Q4 Earnings Per Share C$0.34
Thursday, 23 May 2019 

May 23 (Reuters) - Heroux Devtek Inc ::HÉROUX-DEVTEK REPORTS STRONG FOURTH QUARTER AND FISCAL 2019 RESULTS.Q4 EARNINGS PER SHARE C$0.34.SEES FY 2020 SALES C$560 MILLION TO C$580 MILLION.Q4 SALES C$157.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$145.2 MILLION.Q4 EARNINGS PER SHARE ESTIMATE C$0.26 -- REFINITIV IBES DATA.Q4 ADJUSTED EARNINGS PER SHARE C$0.36.FUNDED BACKLOG AT $624 MILLION AT QUARTER-END, UP FROM $466 MILLION AS AT MARCH 31, 2018.INCOMING PRESIDENT AND CHIEF EXECUTIVE OFFICER MARTIN BRASSARD HAS BEEN NOMINATED TO BOARD OF DIRECTORS, EFFECTIVE JUNE 1.NEW CONTRACT WITH BOEING TO SUPPLY COMPLETE LANDING GEAR SYSTEM FOR MQ-25 PROGRAM.REITERATING LONGER-TERM REVENUE GROWTH TARGET OF SALES BETWEEN $620 MILLION TO $650 MILLION IN FISCAL 2022.FY2020 REVENUE VIEW C$571.6 MILLION -- REFINITIV IBES DATA.  Full Article

Heroux-Devte Gets Landing Gear Supply Agreement For Boeing's F/A-18 Program
Tuesday, 21 May 2019 

May 21 (Reuters) - Heroux Devtek Inc ::HEROUX-DEVTEK FIRMS UP LANDING GEAR SUPPLY AGREEMENT FOR BOEING'S F/A-18 PROGRAM AND EXPANDS SCOPE TO BOEING'S ADVANCED F-15 PROGRAM, SPARE PARTS AND SERVICES.HEROUX DEVTEK - EXTENDED SCOPE WILL ALSO INCLUDE SUPPLY OF SPARE PARTS, AFTERMARKET SERVICES FOR BOTH DEFENSE AIRCRAFT PROGRAMS.HEROUX DEVTEK INC - DEAL FOR SUPPLY OF SPARE PARTS AND AFTERMARKET SERVICES FOR DEFENSE AIRCRAFT PROGRAMS COVERS A PERIOD OF PERFORMANCE OF FIVE YEARS.  Full Article

Héroux-Devtek Awarded Contract To Support Boeing’S MQ-25 Unmanned Tanker For The U.S. Navy
Monday, 8 Apr 2019 

April 8 (Reuters) - Heroux Devtek Inc ::HÉROUX-DEVTEK AWARDED CONTRACT TO SUPPORT BOEING’S MQ-25 UNMANNED TANKER FOR THE U.S. NAVY.HEROUX DEVTEK INC - HAS BEEN AWARDED A CONTRACT BY BOEING COMPANY TO SUPPLY COMPLETE LANDING GEAR SYSTEM FOR MQ-25 UNMANNED AERIAL REFUELING PROGRAM.  Full Article

Héroux-Devtek Names Martin Brassard President And CEO
Friday, 22 Mar 2019 

March 22 (Reuters) - Heroux Devtek Inc ::HÉROUX-DEVTEK ANNOUNCES EXECUTIVE CHANGES.HEROUX DEVTEK INC - APPOINTMENT OF GILLES LABBÉ, AS EXECUTIVE CHAIRMAN OF BOARD.HEROUX DEVTEK INC - BOARD OF DIRECTORS: APPOINTMENT OF GILLES LABBÉ, AS EXECUTIVE CHAIRMAN OF BOARD.HEROUX DEVTEK INC - APPOINTMENT OF MARTIN BRASSARD, AS PRESIDENT AND CHIEF EXECUTIVE OFFICER.HEROUX DEVTEK INC - APPOINTMENT OF BRIAN A. ROBBINS, AS LEAD DIRECTOR.HEROUX DEVTEK INC - EXECUTIVE CHANGES WILL BE EFFECTIVE JUNE 1.  Full Article

Héroux-Devtek Announces Workforce Adjustments At Its Longueuil Facility
Thursday, 15 Mar 2018 

March 15 (Reuters) - Heroux Devtek Inc ::HÉROUX-DEVTEK ANNOUNCES WORKFORCE ADJUSTMENTS AT ITS LONGUEUIL FACILITY.HEROUX DEVTEK - ANNOUNCED WORKFORCE ADJUSTMENTS OF ABOUT 60 EMPLOYEES AT ITS LONGUEUIL FACILITY.HEROUX DEVTEK - ‍WORKFORCE ADJUSTMENTS, OTHER RESTRUCTURING COSTS TO RESULT IN ABOUT $5 MILLION NON-RECURRING CHARGES, MAINLY TO BE RECORDED IN Q4​.  Full Article

Heroux-Devtek To Acquire Beaver Aerospace And Defense U.S. Manufacturer Of Ball Screws And Actuation Systems
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Heroux Devtek Inc ::HEROUX-DEVTEK ANNOUNCES AGREEMENT TO ACQUIRE BEAVER AEROSPACE AND DEFENSE U.S. MANUFACTURER OF BALL SCREWS AND ACTUATION SYSTEMS.HEROUX DEVTEK INC - DEAL FOR ‍PURCHASE PRICE OF APPROXIMATELY US$23.5 MILLION​.HEROUX DEVTEK - DEAL TO BUY SHARES OF BEAVER AEROSPACE & DEFENSE INC AND ITS WHOLLY-OWNED SUBSIDIARY POWERTHRU INC FROM PHILLIPS SERVICE INDUSTRIES.HEROUX DEVTEK INC - ‍TRANSACTION WILL BE FINANCED THROUGH CORPORATION'S EXISTING REVOLVING CREDIT FACILITY​.  Full Article

Heroux Devtek Q3 Earnings Per Share C$0.02
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Heroux Devtek Inc ::HEROUX-DEVTEK REPORTS FISCAL 2018 THIRD QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE C$0.16.Q3 EARNINGS PER SHARE C$0.02.QTRLY SALES $97 MILLION VERSUS $98.5 MILLION .  Full Article

Heroux-Devtek Reports Q3 EPS Of C$0.02
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Heroux Devtek Inc ::HEROUX-DEVTEK REPORTS FISCAL 2018 THIRD QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE C$0.16.Q3 EARNINGS PER SHARE C$0.02.QTRLY SALES OF $97.0 MILLION, VERSUS $98.5 MILLION.HEROUX DEVTEK - BACKLOG AT QUARTER-END OF $475 MILLION, UP FROM $405 MILLION AT MARCH 31, 2017.‍MAINTAINING ANNUAL GUIDANCE OF A LOW SINGLE-DIGIT SALES DECREASE AND STABLE ADJUSTED EBITDA MARGIN, AS COMPARED TO LAST YEAR​.‍DECREASED ITS CAPITAL EXPENDITURE GUIDANCE FROM APPROXIMATELY $20 MILLION TO $15 MILLION FOR 2018​.  Full Article

Heroux Devtek reports Q2 adjusted earnings per share c$0.11
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Heroux Devtek Inc :Heroux-Devtek reports fiscal 2018 second quarter results.Q2 adjusted earnings per share c$0.11.Q2 earnings per share c$0.09.Q2 sales c$89.7 million versus I/B/E/S view c$87.2 million.Q2 earnings per share view c$0.12 -- Thomson Reuters I/B/E/S.Heroux Devtek Inc - ‍backlog of $498 million as at September 30, 2017, up from $451 million three months ago​.  Full Article

Heroux Devtek reports Q2 adjusted earnings per share c$0.11
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Heroux Devtek Inc :Heroux-Devtek reports fiscal 2018 second quarter results.Q2 adjusted earnings per share c$0.11.Q2 earnings per share c$0.09.Q2 sales c$89.7 million versus I/B/E/S view c$87.2 million.Q2 earnings per share view c$0.12 -- Thomson Reuters I/B/E/S.Heroux Devtek Inc - ‍backlog of $498 million as at September 30, 2017, up from $451 million three months ago​.  Full Article