Overview
Canada's Reko fiscal 2025 sales declined 4.8% yr/yr due to lower volumes and tariff-related delays
Gross profit for fiscal 2025 rose 66.8% yr/yr, driven by customer mix
Adjusted EPS for fiscal 2025 was C$0.39, compared to a loss of C$0.13 last year
Outlook
Company did not provide specific guidance for future quarters or full year
Result Drivers
PROJECT MIX - Improved gross profit driven by a favorable project mix and focus on non-automotive customers
DEFERRED TAX ASSETS - Net income benefited from re-recognition of deferred tax assets
DISCIPLINED EXECUTION - Co attributes results improvement to disciplined execution and diversification focus
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
C$42.15 mln
FY EPS
C$0.19
FY Basic EPS
C$0.19
FY Gross Profit
C$7.20 mln
Press Release: ID:nBw35kl0Va
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(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.)