Sector: Consumer Cyclicals | Industry: Construction Supplies & Fixtures |
Company Contact | |
Address: | 25 Bethridge Road TORONTO ON M9W 1M7 |
Tel: | 1-416-743711 |
Website: | https://www.mattr.com |
IR: | See website |
Key People | ||
Michael Reeves President, Chief Executive Officer, Director | Thomas Holloway Chief Financial Officer, Senior Vice President - Finance | Frank Cistrone Group President - Connection Technologies |
Martin Perez Group President - Composite Technologies | Geoff Smith Chief People and HSE Officer, Senior Vice President | Timothy Hutzul Senior Vice President - Legal, General Counsel |
Alexander Jones Senior Vice President - Customer Solutions | Shannon Glover Vice President - Legal, Corporate Secretary | Joel Semmelhack Chief Revenue Officer |
Business Overview |
Mattr Corp., formerly Shawcor Ltd., is a global material technology company serving critical infrastructure markets, including electrification, transportation, communication, water management and energy. The Company operates through a network of fixed and mobile manufacturing and service facilities. The Company operates through two business segments: Composite Technologies and Connection Technologies. Composite Technologies segment consist of two operating units: the Xerxes business, which manufactures fiberglass reinforced plastic underground storage tanks primarily for the retail fuel, storm water and wastewater markets; and the FlexPipe business, which manufactures flexible fiberglass reinforced composite pipe used for oil and gas gathering and water disposal lines and carbon dioxide injection lines. Connection Technologies segment supplies specialty wire and cable and integrated heat shrink solutions. |
Financial Overview |
For the six months ended 30 June 2024, Mattr Corp revenues decreased 2% to C$478.3M. Net income before extraordinary items decreased 67% to C$11.7M. Revenues reflect Composite Systems segment decrease of 4% to C$271.8M, Connection technologies segment decrease of 3% to C$179.5M, North America segment decrease of 18% to C$388.4M, Asia Pacific segment decrease of 87% to C$12.5M, Latin America segment decrease of 74% to C$27M. |
Employees: | 1,774 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $713.35M as of Jun 30, 2024 |
Annual revenue (TTM): | $914.49M as of Jun 30, 2024 |
EBITDA (TTM): | $131.51M as of Jun 30, 2024 |
Net annual income (TTM): | $32.15M as of Jun 30, 2024 |
Free cash flow (TTM): | $70.04M as of Jun 30, 2024 |
Net Debt Last Fiscal Year: | $78.72M as of Jun 30, 2024 |
Shares outstanding: | 65,091,687 as of Oct 9, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |