Canada's Exco Technologies Q1 sales rise, driven by Automotive Solutions growth

Exco Technologies

28/01/2026 22:24

Overview

Canada's die-cast supplier's Q1 sales rose 4% yr/yr, slightly missing analyst expectations

Net income for Q1 increased to C$4.8 mln, with EPS of C$0.13

Company announced quarterly dividend of C$0.105 per share

Outlook

Exco withdrew fiscal 2026 revenue, EBITDA, and EPS targets due to tariff uncertainty

Company expects long-term growth from new programs and USMCA compliance

Result Drivers

AUTOMOTIVE SOLUTIONS GROWTH - Sales in the Automotive Solutions segment rose 10% due to new program launches and a favorable vehicle mix

CASTING AND EXTRUSION CHALLENGES - Sales in the Casting and Extrusion segment fell 2% as OEMs deferred new program launches amid softer EV demand

FOREIGN EXCHANGE IMPACT - Strengthening Euro against CAD increased sales by approximately C$1 mln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Miss*
C$149.50 mln
C$150.50 mln (1 Analyst)
Q1 EPS
C$0.13
Q1 Net Income
C$4.80 mln
Q1 EBITDA
C$17.40 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Exco Technologies Ltd is C$8.00, about 13.2% above its January 27 closing price of C$7.07

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nGNX61NpzF

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)