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Heroux Devtek Inc (HRX.TO)

HRX.TO on Toronto Stock Exchange

15.71CAD
18 May 2018
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Latest Key Developments (Source: Significant Developments)

Héroux-Devtek Announces Workforce Adjustments At Its Longueuil Facility
Thursday, 15 Mar 2018 

March 15 (Reuters) - Heroux Devtek Inc ::HÉROUX-DEVTEK ANNOUNCES WORKFORCE ADJUSTMENTS AT ITS LONGUEUIL FACILITY.HEROUX DEVTEK - ANNOUNCED WORKFORCE ADJUSTMENTS OF ABOUT 60 EMPLOYEES AT ITS LONGUEUIL FACILITY.HEROUX DEVTEK - ‍WORKFORCE ADJUSTMENTS, OTHER RESTRUCTURING COSTS TO RESULT IN ABOUT $5 MILLION NON-RECURRING CHARGES, MAINLY TO BE RECORDED IN Q4​.  Full Article

Heroux-Devtek To Acquire Beaver Aerospace And Defense U.S. Manufacturer Of Ball Screws And Actuation Systems
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Heroux Devtek Inc ::HEROUX-DEVTEK ANNOUNCES AGREEMENT TO ACQUIRE BEAVER AEROSPACE AND DEFENSE U.S. MANUFACTURER OF BALL SCREWS AND ACTUATION SYSTEMS.HEROUX DEVTEK INC - DEAL FOR ‍PURCHASE PRICE OF APPROXIMATELY US$23.5 MILLION​.HEROUX DEVTEK - DEAL TO BUY SHARES OF BEAVER AEROSPACE & DEFENSE INC AND ITS WHOLLY-OWNED SUBSIDIARY POWERTHRU INC FROM PHILLIPS SERVICE INDUSTRIES.HEROUX DEVTEK INC - ‍TRANSACTION WILL BE FINANCED THROUGH CORPORATION'S EXISTING REVOLVING CREDIT FACILITY​.  Full Article

Heroux Devtek Q3 Earnings Per Share C$0.02
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Heroux Devtek Inc ::HEROUX-DEVTEK REPORTS FISCAL 2018 THIRD QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE C$0.16.Q3 EARNINGS PER SHARE C$0.02.QTRLY SALES $97 MILLION VERSUS $98.5 MILLION .  Full Article

Heroux-Devtek Reports Q3 EPS Of C$0.02
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - Heroux Devtek Inc ::HEROUX-DEVTEK REPORTS FISCAL 2018 THIRD QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE C$0.16.Q3 EARNINGS PER SHARE C$0.02.QTRLY SALES OF $97.0 MILLION, VERSUS $98.5 MILLION.HEROUX DEVTEK - BACKLOG AT QUARTER-END OF $475 MILLION, UP FROM $405 MILLION AT MARCH 31, 2017.‍MAINTAINING ANNUAL GUIDANCE OF A LOW SINGLE-DIGIT SALES DECREASE AND STABLE ADJUSTED EBITDA MARGIN, AS COMPARED TO LAST YEAR​.‍DECREASED ITS CAPITAL EXPENDITURE GUIDANCE FROM APPROXIMATELY $20 MILLION TO $15 MILLION FOR 2018​.  Full Article

Heroux Devtek reports Q2 adjusted earnings per share c$0.11
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Heroux Devtek Inc :Heroux-Devtek reports fiscal 2018 second quarter results.Q2 adjusted earnings per share c$0.11.Q2 earnings per share c$0.09.Q2 sales c$89.7 million versus I/B/E/S view c$87.2 million.Q2 earnings per share view c$0.12 -- Thomson Reuters I/B/E/S.Heroux Devtek Inc - ‍backlog of $498 million as at September 30, 2017, up from $451 million three months ago​.  Full Article

Heroux Devtek reports Q2 adjusted earnings per share c$0.11
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Heroux Devtek Inc :Heroux-Devtek reports fiscal 2018 second quarter results.Q2 adjusted earnings per share c$0.11.Q2 earnings per share c$0.09.Q2 sales c$89.7 million versus I/B/E/S view c$87.2 million.Q2 earnings per share view c$0.12 -- Thomson Reuters I/B/E/S.Heroux Devtek Inc - ‍backlog of $498 million as at September 30, 2017, up from $451 million three months ago​.  Full Article

Fonds de solidarité says granted Héroux-Devtek a $50 mln loan for acquisition of Compana Espanola de Sistemas Aeronauticos​
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Airbus Se :Fonds de Solidarité FTQ says granted Héroux-Devtek a $50 million dollar loan for acquisition of Compana Espanola de Sistemas Aeronauticos​.  Full Article

Heroux-Devtek to buy Cesa in a $205 mln deal
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Heroux Devtek Inc ::Heroux-Devtek announces agreement to acquire cesa, a leading european manufacturer of landing gear, actuation and hydraulic systems.Heroux Devtek Inc - deal for ‍approximately $205 million​.Heroux Devtek - deal to be financed through $50 million seven-year unsecured subordinated term loan, assumption of debt amounting to about EUR29 million​.Heroux Devtek - deal to also be financed through increase of co's existing revolving credit facility to $250 million and available cash balance​.  Full Article

Heroux Devtek reports Q1 earnings per share C$0.11
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Heroux Devtek Inc :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​.  Full Article

BRIEF-Latecoere's Systèmes d'interconnexion wins first North American contract (June 21)
Tuesday, 27 Jun 2017 

Corrects headline and bullet to show it's the first North America contract for the company's unit, not for the parent:SYSTEMES D'INTERCONNEXION WINS ITS FIRST NORTH AMERICAN CONTRACT.HAS BEEN SELECTED BY HÉROUX-DEVTEK INC FOR DEVELOPMENT OF THE EWIS (ELECTRICAL WIRING INTERCONNECTION SYSTEM) FOR LANDING GEAR.  Full Article