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Heroux Devtek Inc (HRX.TO)

HRX.TO on Toronto Stock Exchange

13.95CAD
20 Jul 2017
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Latest Key Developments (Source: Significant Developments)

BRIEF-Latecoere's Systèmes d'interconnexion wins first North American contract (June 21)
Tuesday, 27 Jun 2017 11:41am EDT 

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

Latecoere wins its first North American contract
Wednesday, 21 Jun 2017 12:26pm EDT 

June 21 (Reuters) - LATECOERE ::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

Heroux-Devtek reports Q3 EPS C$0.23
Tuesday, 7 Feb 2017 07:00am EST 

Heroux-Devtek Inc - : 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.  Full Article

Heroux-Devtek posts Q3 adjusted earnings per share C$0.17
Tuesday, 7 Feb 2017 07:00am EST 

Heroux-devtek Inc : Heroux-Devtek reports fiscal 2017 third quarter results . Q3 adjusted earnings per share c$0.17 . 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 . Heroux-Devtek Inc - now expects relatively stable sales in fiscal 2017, when compared to fiscal 2016 . Heroux-Devtek - forecasts low single-digit decrease in sales for fiscal year ending March 31, 2018, when compared to expected sales for fiscal 2017 . Heroux-Devtek Inc - as at December 31, 2016, Héroux-Devtek's funded (firm orders) backlog stood at $424 million, versus $437 million three months earlier .Heroux-Devtek - following transition year in fiscal 2018, co expects sales to grow progressively to reach between $480 million and $520 million in fiscal 2021.  Full Article

Heroux-Devtek Q1 adj. EPS C$0.15
Thursday, 4 Aug 2016 07:00am EDT 

Heroux-devtek Inc : Q1 sales c$95.6 million versus c$98.2 million . Q1 adjusted earnings per share c$0.15 . Q1 earnings per share view c$0.14 -- Thomson Reuters I/B/E/S . Devtek reports fiscal 2017 first quarter results . Sees FY 2019 sales about c$420 million . Conditions remain mostly favourable in commercial aerospace market .Says remain on pace to achieve annual sales of about c$500 million in fiscal 2019.  Full Article

Heroux-Devtek Q1 adjusted earnings per share C$0.15
Thursday, 4 Aug 2016 07:00am EDT 

Heroux-devtek Inc : Q1 sales c$95.6 million versus c$98.2 million . Sees fy 2019 sales about c$420 million . Devtek reports fiscal 2017 first quarter results . Q1 adjusted earnings per share c$0.15 . Q1 earnings per share view c$0.14 -- Thomson Reuters I/B/E/S Further company coverage: [HRX.TO] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Heroux-Devtek Q4 earnings per share $0.25
Wednesday, 25 May 2016 07:00am EDT 

Heroux-Devtek Inc : Qtrly earnings per share $0.25 . "conditions remain mostly favourable in commercial aerospace market" . As at March 31, 2016, Heroux-Devtek's funded backlog stood at $460 million, versus $459 million at beginning of fiscal year . "for fiscal year ending march 31, 2017 we anticipate sales to reach approximately $420 million" . FY2017 revenue view c$429.3 million -- Thomson Reuters I/B/E/S . Devtek - confident that final assembly of pre-production shipset will be completed as planned in Q1 of fiscal 2017 . Devtek Inc - production requirements associated to deliveries for Boeing contract scheduled to begin in early calendar 2017 will be met . Devtek reports fiscal 2016 fourth quarter and year-end results . Q4 adjusted earnings per share c$0.25 excluding items . Q4 sales c$117.5 million versus I/B/E/S view c$114.9 million .Q4 earnings per share view c$0.23 -- Thomson Reuters I/B/E/S.  Full Article

Heroux-Devtek Inc signs long-term contract to supply complete landing gear systems for AW609 program
Friday, 18 Sep 2015 08:30am EDT 

Heroux-Devtek Inc:Says that it has been awarded a long-term contract by Finmeccanica-AgustaWestland to supply the landing gear for the AW609 TiltRotor aircraft.  Full Article

BRIEF-Heroux-Devtek reports Q4 earnings per share c$0.25

* Heroux-Devtek reports fiscal 2017 fourth quarter and year-end results