Sector: Industrials | Industry: Industrial Machinery & Equipment |
Company Contact | |
Address: | 730 Fountain Street North CAMBRIDGE ON N3H 4R7 |
Tel: | 1-519-6536500 |
Website: | https://www.atsautomation.com |
IR: | See website |
Key People | ||
Andrew P. Hider Chief Executive Officer, Director | Jeff Adamson Chief Information Officer | Ryan Mcleod Chief Financial Officer |
Christian Debus President - Process Automation Solutions | Udo Panenka President - Industrial Automation | Jeremy Patten President - Products and Food Technology Segment |
Heinrich Sielemann President and Managing Director of IWK | Angella V. Alexander Chief Human Resource Officer | Fiona Cleland Nielsen Senior Vice President - Strategy and Corporate Development | Simon Roberts Senior Vice President - Global After Sales Service |
Business Overview |
ATS Corporation is a Canada-based automation solutions provider. The Company uses its knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added services, including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets, such as life sciences, food and beverage, transportation, consumer products, and energy. It engages with customers on both greenfield programs, such as equipping new factories, and brownfield programs, including capacity expansions, production relocations, equipment upgrades, software upgrades, efficiency improvements and factory optimizations. It offers post-automation services. It also offers artificial intelligence (AI) and machine learning (ML)-based tools for industrial production. The Company also designs and manufactures automated water purification solutions for biomedical and life science applications. |
Financial Overview |
For the nine months ended 31 December 2023, ATS Corp revenues increased 21% to C$2.24B. Net income increased 48% to C$145.3M. Revenues reflect Transportation segment increase of 88% to C$711.2M, Food & beverage segment increase of 23% to C$335.3M, United States segment increase of 14% to C$1.09B, Other Europe segment increase of 30% to C$431.9M. Net income benefited from Rental Expense decrease of 51% to C$929K (expense). |
Employees: | 6,500 as of Mar 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $5,608M as of Dec 31, 2023 |
Annual revenue (TTM): | $2,972M as of Dec 31, 2023 |
EBITDA (TTM): | $456.00M as of Dec 31, 2023 |
Net annual income (TTM): | $174.73M as of Dec 31, 2023 |
Free cash flow (TTM): | -$3.31M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $1,076M as of Dec 31, 2023 |
Shares outstanding: | 98,935,086 as of Mar 14, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |