CORRECTED-Exco Technologies Q4 sales fall, withdraws fiscal 2026 revenue target

Overview

• Exco fiscal Q4 sales slightly beat analyst expectations at CAD 150.7 mln

• Net income for Q4 rises to CAD 8.2 mln, EPS stable at CAD 0.22

• Company navigated industry headwinds, confident in future growth

Outlook

• Exco withdrew fiscal 2026 revenue, EBITDA, and EPS targets due to tariff uncertainties

• Company expects USMCA-compliant products to remain tariff-exempt long-term

• Exco anticipates benefiting from reshoring trends boosting demand for its tooling

Result Drivers

• AUTOMOTIVE SOLUTIONS - Sales decline due to customer-driven program-launch delays and unfavorable vehicle mix

• CASTING AND EXTRUSION - Extrusion tooling sales increased, supported by diverse end markets

• FOREIGN EXCHANGE IMPACT - Positive foreign exchange movements increased sales by C$4.1 mln

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The one available analyst rating on the shares is "buy"

• The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

• Wall Street's median 12-month price target for Exco Technologies Ltd is C$8.00, about 18% above its November 25 closing price of C$6.56

• The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nGNX5hm6wD

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