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    ATA   CA0019401052

ATS AUTOMATION TOOLING SYSTEMS INC.

(ATA)
  Report
Delayed Toronto Stock Exchange  -  04:00 2022-07-05 pm EDT
34.62 CAD   -3.30%
06/17ATS Automation Says Secured US$70 Million EV Order
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06/17ATS BRIEF : Says Secured US$70 Million EV Order
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06/17ATS Automation Secures US$70 Million EV Order
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ATS Automation 4Q Revenue, Bookings Growth Weighed by Strong Canadian Dollar - Currency Comment

05/19/2022 | 06:50am EDT

By Adriano Marchese


ATS Automation Tooling Systems Inc. reported 51% higher revenue in the fourth quarter of fiscal 2022 and said a stronger Canadian dollar relative to the euro had a negative effect on both revenue and bookings.


On foreign-exchange effects:

The Canadian designer and builder of factory automation systems said revenue rose to 603.2 million Canadian dollars, or US$467.9 million, in the three months ended March 31.

"Foreign exchange translation negatively impacted revenues by C$10.6 million or 2.7%, primarily reflecting the strengthening of the Canadian dollar relative to the euro."

"Fourth quarter fiscal 2022 Order Bookings were C$638 million, a 37.8% year-over-year increase. This reflected organic growth of 1.0% and 39.5% growth from acquired companies, partially offset by a 2.7% decrease due to foreign exchange rate translation of order bookings by ATS' global subsidiaries, primarily reflecting the strengthening of the Canadian dollar relative to the euro."


Write to Adriano Marchese at adriano.marchese@wsj.com


(END) Dow Jones Newswires

05-19-22 0649ET

Stocks mentioned in the article
ChangeLast1st jan.
ATS AUTOMATION TOOLING SYSTEMS INC. -3.30% 34.62 Delayed Quote.-28.74%
AUSTRALIAN DOLLAR / CANADIAN DOLLAR (AUD/CAD) 0.28% 0.88602 Delayed Quote.-4.19%
AUSTRALIAN DOLLAR / EURO (AUD/EUR) 0.56% 0.6622 Delayed Quote.2.27%
BRITISH POUND / CANADIAN DOLLAR (GBP/CAD) 0.00% 1.55748 Delayed Quote.-8.78%
BRITISH POUND / EURO (GBP/EUR) 0.24% 1.1638 Delayed Quote.-2.52%
CANADIAN DOLLAR / EURO (CAD/EUR) 0.29% 0.747596 Delayed Quote.6.82%
CANADIAN DOLLAR / JAPANESE YEN (CAD/JPY) -1.34% 104.231 Delayed Quote.15.01%
CANADIAN DOLLAR / SWISS FRANC (CAD/CHF) -0.62% 0.74322 Delayed Quote.3.07%
EURO / CANADIAN DOLLAR (EUR/CAD) -0.28% 1.33769 Delayed Quote.-6.37%
INDIAN RUPEE / EURO (INR/EUR) 1.06% 0.012284 Delayed Quote.3.00%
NEW ZEALAND DOLLAR / CANADIAN DOLLAR (NZD/CAD) 0.61% 0.804 Delayed Quote.-7.44%
US DOLLAR / CANADIAN DOLLAR (USD/CAD) 1.29% 1.30254 Delayed Quote.2.02%
US DOLLAR / EURO (USD/EUR) 1.58% 0.973719 Delayed Quote.8.99%
All news about ATS AUTOMATION TOOLING SYSTEMS INC.
06/17ATS Automation Says Secured US$70 Million EV Order
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Analyst Recommendations on ATS AUTOMATION TOOLING SYSTEMS INC.
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Financials
Sales 2023 2 426 M 1 857 M 1 857 M
Net income 2023 173 M 132 M 132 M
Net Debt 2023 681 M 521 M 521 M
P/E ratio 2023 16,2x
Yield 2023 -
Capitalization 3 283 M 2 513 M 2 513 M
EV / Sales 2023 1,63x
EV / Sales 2024 1,45x
Nbr of Employees 6 000
Free-Float 99,4%
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Mean consensus OUTPERFORM
Number of Analysts 6
Last Close Price 34,62 CAD
Average target price 55,50 CAD
Spread / Average Target 60,3%
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Managers and Directors
Andrew P. Hider Chief Executive Officer & Director
Ryan McLeod Manager-Reporting & Compliance
David Lyman McAusland Non-Executive Chairman
Joe Metri Chief Information Officer
Michael Emil Martino Independent Director
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