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HRX — Heroux Devtek News Story

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Brief: Heroux-Devtek reports Q3 EPS C$0.23

Feb 7 (Reuters) - Heroux-Devtek Inc  HRX.TO  -  
    * Heroux-Devtek reports fiscal 2017 third quarter results 
    * Q3 earnings per share C$0.23 
    * Q3 sales C$98.5 million versus I/B/E/S view C$97.5 million 
    * Q3 earnings per share view C$0.16 -- Thomson Reuters 
I/B/E/S 
    * Q3 adjusted earnings per share C$0.17 
    * Expects relatively stable sales in fiscal 2017, when 
compared to fiscal 2016 
    * Forecasts a low single-digit decrease in sales for fiscal 
year ending March 31, 2018, when compared to expected sales for 
fiscal 2017 
    * Expects sales to grow progressively to reach between $480 
million and $520 million in fiscal 2021 
    * As at December 31, 2016, Héroux-Devtek's funded (firm 
orders) backlog stood at $424 million, versus $437 million three 
months earlier 
 
Source text for Eikon:  ID:nCCN4j650T  
Further company coverage:  HRX.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com))

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