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HRX — Heroux Devtek News Story

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Brief: Heroux Devtek reports Q1 earnings per share C$0.11

Aug 7 (Reuters) - Heroux Devtek Inc  HRX.TO  
    * Heroux Devtek reports fiscal 2018 first quarter results 
    * Q1 earnings per share C$0.11 
    * Q1 sales C$86.9 million versus I/B/E/S view C$95.6 million 
    * Q1 earnings per share view C$0.13 -- Thomson Reuters 
I/B/E/S 
    * Heroux Devtek Inc - continue to expect a low single-digit 
sales decrease for fiscal year ending March 31, 2018 
    * Heroux Devtek Inc - expect our fiscal 2018 adjusted 
EBITDA margin to remain stable as compared to fiscal 2017 
    * Heroux Devtek Inc quarter-end backlog of $451 million, up 
from $405 million three months ago 
    * Heroux Devtek Inc - "new U.S. Administration indicated 
its intention to increase funding, which could be positive for 
certain programs" 
    * Heroux Devtek Inc qtrly  adjusted share $0.11 
 
Source text for Eikon:  ID:nMKWnty3Wa  
Further company coverage:  HRX.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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