Exco Results for Second Quarter Ended March 31, 2026

About this update from Exco Technologies Limited

Exco Results for Second Quarter Ended March 31, 2026 Consolidated Sales of $157.6 million, down 1% excluding foreign exchangeNet Income of $5.8 million and EBITDA of $18.0 million;Earnings per Share of $0.15, including $0.06 per share in restructuring charges;Free Cash Flow of $5.9 million compared with $3.1 million the prior year quarter;Automotive Solutions sales increased 5%, excluding foreign exchange supported by new program launches;Closure of the Large Mould Mexico facility is expected to support improved profitability in future periods;Quarterly dividend of $0.105 per common share to be paid June 30, 2026. TORONTO, April 29, 2026 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX-XTC) today announced results for its second quarter of fiscal 2026 ended March 31, 2026. In addition, Exco announced a quarterly dividend of $0.105 per common share which will be paid on June 30, 2026 to shareholders of record on June 16, 2026. The dividend is an “eligible dividend” in accordance with the Income Tax Act of Canada.  Three Months Ended March 31Six Months Ended March 31(in $ thousands except per share amounts)      2026 2025 2026 2025Sales$157,559$166,117$307,081$309,685Net income for the period$5,789$6,421$10,621$10,666Earnings per share:Basic and Diluted – Reported$0.15$0.17$0.28$0.28EBITDA$17,992$19,655$35,342$36,366 “Although our second quarter results were affected by temporary softness in Large Mould volumes, restructuring actions and foreign exchange headwinds, we are encouraged by the underlying momentum building across the business,” said Darren Kirk, Exco’s President and CEO. “Large Mould order activity and backlog continue to build, and we expect sales and profitability in this business to recover in future quarters as new programs ramp up. At the same time, our Automotive Solutions segment continues to benefit from recent program launches, extrusion tooling demand remains solid, and our recent investments and innovation initiatives are increasingly positioned to contribute to stronger margins and earnings growth in the near term.” Consolidated sales for the second quarter ended March 31, 2026 were $157.6 million, compared to $166.1 million in the prior-year quarter, a decrease of $8.5 million, or 5%. The impact of foreign exchange rate change...

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