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Martinrea International Inc (MRE.TO)

MRE.TO on Toronto Stock Exchange

11.66CAD
27 Feb 2020
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Latest Key Developments (Source: Significant Developments)

Martinrea International Inc Announces Agreement To Purchase Structural Components For Passenger Cars Division Of Metalsa S.A. De C.V.
Thursday, 19 Dec 2019 

Dec 19 (Reuters) - Martinrea International Inc ::MARTINREA INTERNATIONAL INC. ANNOUNCES AGREEMENT TO PURCHASE STRUCTURAL COMPONENTS FOR PASSENGER CARS DIVISION OF METALSA S.A. DE C.V..MARTINREA INTERNATIONAL INC - PURCHASE PRICE FOR TRANSACTION IS EXPECTED TO BE ABOUT USD $19.5 MILLION IN CASH.MARTINREA INTERNATIONAL INC - ACQUISITION WILL BE ACCRETIVE TO EARNINGS AND OTHER METRICS OVER TIME.MARTINREA INTERNATIONAL INC - ANTICIPATE HAVING TOTAL SALES IN EXCESS OF $4 BILLION IN 2020.MARTINREA - WHILE ACQUIRED ASSETS NOT EXPECTED TO GENERATE POSITIVE ADJUSTED OPERATING INCOME IN 2020, DON'T EXPECT IT TO BE NEGATIVE EITHER.MARTINREA INTERNATIONAL INC - CAPEX FOR MARTINREA IS EXPECTED TO BE GENERALLY FLAT FOR NEXT YEAR COMPARED TO 2019.  Full Article

Martinrea International Inc Reports Q3 Adjusted Earnings Per Share C$0.53
Wednesday, 13 Nov 2019 

Nov 12 (Reuters) - Martinrea International Inc ::MARTINREA INTERNATIONAL INC REPORTS RECORD THIRD QUARTER RESULTS AND DECLARES DIVIDEND.Q3 ADJUSTED EARNINGS PER SHARE C$0.53.Q3 EARNINGS PER SHARE C$0.56.Q3 SALES C$974.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$881.5 MILLION.Q3 EARNINGS PER SHARE ESTIMATE C$0.52 -- REFINITIV IBES DATA.HAD SOME UNFAVOURABLE IMPACT OF UAW-GM WORK STOPPAGE IN QUARTER.SEES Q4 SALES, EXCLUDING TOOLING SALES, IN RANGE OF $750 MILLION TO $810 MILLION.SEES Q4 ADJUSTED NET EARNINGS PER SHARE IN RANGE OF $0.35 TO $0.45 PER SHARE.MARTINREA INTERNATIONAL - FOR Q4, CO WILL EXPERIENCE IMPACT ON SALES, MARGINS AND EARNINGS OF SOME VOLUME DECREASES, PRIMARILY BECAUSE OF GM STRIKE.Q4 EARNINGS PER SHARE VIEW C$0.54, REVENUE VIEW C$911.6 MILLION -- REFINITIV IBES DATA.  Full Article

Martinrea International Inc Reports Second Quarter Results And Declares Dividend
Tuesday, 6 Aug 2019 

Aug 6 (Reuters) - Martinrea International Inc ::. REPORTS SECOND QUARTER RESULTS AND DECLARES DIVIDEND.Q2 SALES C$948.5 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$997.7 MILLION.Q2 EARNINGS PER SHARE C$0.34.Q2 EARNINGS PER SHARE ESTIMATE C$0.66 -- REFINITIV IBES DATA.QTRLY ADJUSTED EARNINGS PER SHARE C$0.66.  Full Article

Martinrea International Reports Q1 Adj EPS Of C$0.67
Friday, 3 May 2019 

May 2 (Reuters) - Martinrea International Inc ::. REPORTS FIRST QUARTER RESULTS AND DECLARES DIVIDEND.Q1 ADJUSTED EARNINGS PER SHARE C$0.67.Q1 EARNINGS PER SHARE C$0.66.Q1 SALES C$1.023 BILLION VERSUS REFINITIV IBES ESTIMATE OF C$1.01 BILLION.Q1 EARNINGS PER SHARE ESTIMATE C$0.66 -- REFINITIV IBES DATA.  Full Article

Martinrea International Inc Reports Quarterly Earnings, Declares Dividend
Friday, 1 Mar 2019 

Feb 28 (Reuters) - Martinrea International Inc ::. REPORTS RECORD QUARTERLY AND ANNUAL EARNINGS AND DECLARES DIVIDEND.Q4 EARNINGS PER SHARE C$0.44.Q4 SALES C$926.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF C$889.1 MILLION.Q4 EARNINGS PER SHARE ESTIMATE C$0.51 -- REFINITIV IBES DATA.Q4 ADJUSTED EARNINGS PER SHARE C$0.51.MARTINREA INTERNATIONAL - EXPECT Q1 SALES, EXCLUDING TOOLING SALES, TO BE IN RANGE OF $910 MILLION TO $950 MILLION, ADJUSTED EARNINGS PER SHARE IN RANGE OF $0.65 TO $0.69.MARTINREA INTERNATIONAL - ANTICIPATE CONTINUED OPERATING INCOME MARGIN IMPROVEMENT TO ABOVE 9% IN 2020 & REVENUES NEXT YEAR TO EXCEED $4 BILLION.Q1 EARNINGS PER SHARE VIEW C$0.66, REVENUE VIEW C$980.4 MILLION -- REFINITIV IBES DATA.  Full Article