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heroux-devtek inc (HRX) Snapshot

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heroux-devtek inc (HRX) Details

Héroux-Devtek Inc. engages in the design, development, manufacture, integration, testing, and repair and overhaul of aircraft landing gears, hydraulic flight control actuators, and fracture-critical components in Canada, the United States, and the United Kingdom. The company also manufactures and sells hydraulic systems, fluid filtration systems, electronic enclosures, heat exchangers, and cabinets for suppliers of airborne radar, electro-optic systems, and aircraft controls. It serves commercial and military sectors of the aerospace market. The company was formerly known as Heroux Inc. and changed its name to Héroux-Devtek Inc. in 2000. Héroux-Devtek Inc. was founded in 1942 and is based in Longueuil, Canada.

Founded in 1942

heroux-devtek inc (HRX) Top Compensated Officers

President & CEO
Total Annual Compensation: C$616.5K
Executive Chairman of the Board
Total Annual Compensation: C$970.3K
Total Annual Compensation: C$410.6K
Managing Director of UK Runcorn - Landing Gea...
Total Annual Compensation: C$470.2K
Compensation as of Fiscal Year 2018.
heroux-devtek inc
H?Roux-Devtek Inc. Reports Earnings Results for the Full Year Ended March 31, 2019

H?roux-Devtek Inc. announced earnings results for the full year ended March 31, 2019. For the full year, the company announced sales was CAD 483.877 million compared to CAD 386.564 million a year ago. Operating income was CAD 37.240 million compared to CAD 23.378 million a year ago. Net income was CAD 26.447 million compared to CAD 13.674 million a year ago. Basic earnings per share from continuing operations was CAD 0.73 compared to CAD 0.38 a year ago.

Héroux-Devtek Inc. Provides Sales Guidance for Fiscal Year 2020 and Reiterates Sales Guidance for 2022

Héroux-Devtek Inc. announced that the management of the company expects sales to reach between $560 million and $580 million in fiscal 2020. For fiscal 2022, management reiterated its sales guidance of $620 million to $650 million.

Heroux To Seek Acquisitions

Heroux-Devetek Inc. (TSX:HRX) will look for acquisition opportunities. Heroux-Devetek Executive Vice President Martin Brassard said, "We will make some strategic acquisition. But first, we need to deliver it and then give it some room to make the right acquisition in due time."


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