Exco Technologies Limited Announces Results for First Quarter Ended December 31, 2025

About this update from Exco Technologies Limited

TORONTO, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Exco Technologies Limited (TSX-XTC) today announced results for its first quarter ended December 31, 2025. In addition, Exco announced a quarterly dividend of $0.105 per common share which will be paid on March 31, 2026 to shareholders of record on March 17, 2026. The dividend is an “eligible dividend” in accordance with the Income Tax Act of Canada. "We are pleased with our start to fiscal 2026, delivering solid top-line growth, improved profitability and strong free cash flow despite a complex macroeconomic backdrop. Our Automotive Solutions segment performed exceptionally well, capitalizing on new program launches and a favorable vehicle mix, while our Casting and Extrusion segment continues to see encouraging quoting activity particularly for our large mould and additive tooling solutions. Consequently, we remain very optimistic on our prospects for continued earnings growth in the quarters ahead", said Darren Kirk, Exco’s President and CEO. Consolidated sales for the first quarter ended December 31, 2025 were $149.5 million, compared to $143.6 million in the same quarter last year, an increase of $6.0 million (4%). Foreign exchange movements increased sales by approximately $1.0 million, primarily due to the strengthening Euro versus the Canadian dollar. First quarter sales in the Automotive Solutions segment were $79.3 million, an increase of $7.2 million (10%) over the prior year quarter. The sales increase reflected relatively stable automotive production volumes in North America and Europe, new product launches, a favorable vehicle mix, and de-stocking of certain accessory products in the inventory channel in the prior-year quarter. Exco’s sales volumes are expected to benefit from recent and future program launches, which should drive continued growth in content per vehicle. Quoting activity remains encouraging, and management believes there is ample opportunity to achieve targeted growth objectives. First quarter sales in the Casting and Extrusion segment were $70.2 million, down $1.3 million (2%) versus the prior year quarter. Favorable foreign exchange changes contributed approximately $0.7 million to sales. Extrusion tooling sales performed well year-over-year, supported by a broad range of end markets including building and construction, transportation, sustainable energy, and electrical ...

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