Brief: Héroux-Devtek Reports Q4 Earnings Per Share C$0.34

Heroux Devtek

23/05/2019 11:15

May 23 (Reuters) - Heroux Devtek Inc  HRX.TO :
    * 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

Source text for Eikon:  ID:nCNWcvHcwa 
Further company coverage:  HRX.TO 

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