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Exco Technologies (XTC) investor relations material
Exco Technologies Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated sales reached $149.5 million (CAD 149.5 million) for Q1 2026, up 4% year-over-year, with net income of $4.8 million and EPS of $0.13, reflecting operational resilience and efficiency gains.
Strong performance in Automotive Solutions, with a 10% sales increase and a 37% surge in pre-tax profit, driven by normalized inventory channels, stable production volumes, and disciplined pricing.
Casting and Extrusion segment sales declined 2% due to a slowdown in die-cast molds linked to regulatory uncertainty and a shift from EV to hybrid/ICE platforms, but quoting activity and tooling demand are rebounding.
EBITDA increased to $17.4 million from $16.7 million, reflecting operational improvements and positive contributions from Extrusion Americas and Castool.
Quarterly dividend of $0.105 per share declared, payable March 31, 2026.
Financial highlights
Consolidated EBITDA was $17.4 million (12% of sales), up from $16.7 million in the prior year.
Effective income tax rate decreased to 31.8% from 35.8% year-over-year.
Free cash flow improved to $4.8 million from $3.8 million, with cash provided by operations at $10.2 million.
Net debt stood at $67.1 million as of December 31, 2025, with $24.6 million in cash and $59.8 million in available liquidity.
Maintenance CapEx at $4.3 million; growth CapEx at $0.2 million for the quarter.
Outlook and guidance
Expectation of continued margin improvement in Automotive Solutions due to pricing discipline and cost structure optimization.
Die-cast tooling revenues anticipated to recover in late Q2 and improve through the year as OEM quoting activity strengthens.
Fiscal 2026 capital spending forecasted at $28 million, down from $36 million in 2025, as focus shifts to optimizing returns on recent investments.
Fiscal 2026 revenue, EBITDA, and EPS targets withdrawn due to global trade policy uncertainty, especially tariffs.
Long-term confidence supported by USMCA compliance, reshoring trends, and a strong North American manufacturing footprint.
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