Canada's Exco Technologies Q2 sales dip excluding FX impact

Exco Technologies

29/04/2026 22:12

Overview

Canada die-cast and automotive supplier's fiscal Q2 sales fell 1% yr/yr excluding FX impacts

EPS for fiscal Q2 was C$0.15, including C$0.06 per share in restructuring charges

Company closed Large Mould Mexico facility to support improved profitability in future periods

Outlook

Company expects die-cast mould volumes to improve in H2 fiscal 2026 as new programs ramp up

Exco says uncertainty in global trade policy and macroeconomic conditions may impact near-term demand

Result Drivers

LARGE MOULD SOFTNESS - Co said temporary softness in Large Mould volumes and restructuring actions weighed on results

AUTOMOTIVE PROGRAM LAUNCHES - Automotive Solutions segment benefited from new program launches and stable production volumes, especially in North America

DIE-CAST TOOLING DELAYS - Lower die-cast tooling revenues reflected prior delays in program launches amid softer EV demand and regulatory uncertainty

Company press release: ID:nGNXbW9Wr3

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
C$157.6 mln
C$160.10 mln (1 Analyst)
Q2 EPS
C$0.15
Q2 Net Income
C$5.8 mln
Q2 EBITDA
C$18 mln


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$9.50, about 30.7% above its April 28 closing price of C$7.27

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

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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.)