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Martinrea International Inc. (T:MRE)

Business Focus: Auto, Truck & Motorcycle Parts

Sector:  Consumer Cyclicals Industry:  Auto, Truck & Motorcycle Parts
See Regulatory Filings on SEDAR
Company Contact
Address: 3210 Langstaff Rd
Tel: N/A
IR: See website
Key People
Robert Peter Edward Wildeboer
Executive Chairman of the Board
Kerri Pope
Vice President - Legal and Corporate Secretary
Pat D'Eramo
President, Chief Executive Officer, Director
Fred Di Tosto
Chief Financial Officer
Robert Fairchild
Executive Vice President - Sales and Engineering
Armando Pagliari
Executive Vice President - Human Resources
Alfredo Alonso
Executive Vice President - Fluids
Peter Cirulis
Executive Vice President, Aluminum
Bruce Johnson
Executive Vice President - Metallics
Ganesh Iyer
Chief Information Officer and Vice President, Engineering
Business Overview
Martinrea International Inc. is a Canada-based company that is engaged in the development and production of metal parts, assemblies and modules, fluid management systems and aluminum products focused primarily on the automotive sector. Its segments include North America, Europe and Rest of the World. Its products include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. It operates across Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain and China. Its solutions include lightweight structures, propulsion systems and flexible manufacturing. Its lightweight structures are designed and provided incorporating steel, aluminum, a combination of both or other materials. It offers engine, transmission, thermal and fluid products.
Financial Overview
For the fiscal year ended 31 December 2019, Martinrea International Inc revenues increased 5% to C$3.86B. Net income decreased 3% to C$181.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Rest of world segment loss totaling C$6.2M vs. income of C$565K, North America segment income decrease of 1% to C$227.1M.
Employees: 15,000 as of Dec 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $1,364M as of Dec 31, 2019
Annual revenue (TTM): $3,864M as of Dec 31, 2019
EBITDA (TTM): $531.47M as of Dec 31, 2019
Net annual income (TTM): $181.22M as of Dec 31, 2019
Free cash flow (TTM): $102.59M as of Dec 31, 2019
Net Debt Last Fiscal Year: $864.53M as of Dec 31, 2019
Shares outstanding: 80,162,883 as of Mar 31, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization