Business description: Toromont Industries Ltd.

Toromont Industries Ltd. is a Canada-based company, which serves the specialized equipment and lifetime product support needs of thousands of customers in diverse industries from roadbuilding to mining and telecommunications to food and beverage processing. The Company operates through two business segments: the Equipment Group and CIMCO. The Equipment Group segment includes a Caterpillar dealership by revenue and geographic territory, spanning the Canadian provinces of Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Quebec, Ontario and Manitoba, in addition to various territories of Nunavut. The Company’s business also includes heavy equipment rental operations and a material handling business. The CIMCO segment is engaged in the designing, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer product support capabilities.

Number of employees: 7,000

Sales by Activity: Toromont Industries Ltd.

Fiscal Period: December20192020202120222023

Equipment Group

3.34B 3.17B 3.53B 3.88B 4.23B

CIMCO

335M 313M 361M 351M 397M
See all business segments

Geographical breakdown of sales: Toromont Industries Ltd.

Fiscal Period: December20192020202120222023

Canada

3.58B 3.4B 3.8B 4.12B 4.48B

United States

95.73M 80.71M 87.74M 110M 138M

International

1.94M 1.65M 3.16M 1.02M 555K
See all geographic segments

Managers: Toromont Industries Ltd.

Director TitleAgeSince
Chief Executive Officer - 2023-09-30
Director of Finance/CFO 62 2023-09-30
Chief Tech/Sci/R&D Officer - 1994-12-31
Human Resources Officer - 2024-01-31
General Counsel - 2017-12-31
See TOROMONT INDUSTRIES LTD. governance

Members of the board: Toromont Industries Ltd.

Manager TitleAgeSince
Director/Board Member 74 2010-12-31
Director/Board Member 64 2013-07-28
Director/Board Member 67 2013-07-28
Chairman 69 2021-07-14
Director/Board Member 63 2019-05-02
Director/Board Member 58 2019-05-02
Director/Board Member - 2023-09-30
Director/Board Member 54 2020-12-31
Director/Board Member 65 2022-04-27
Composition of the Board of Directors

Shareholders: Toromont Industries Ltd.

NameEquities%Valuation
RBC Global Asset Management, Inc.
12.63 %
10,347,755 12.63 % 818 M $
Manulife Investment Management Ltd.
1.086 %
890,027 1.086 % 70 M $
183,534 0.2240 % 15 M $
Lazard Asset Management Ltd.
0.1985 %
162,622 0.1985 % 13 M $
SEI Investments Canada Co.
0.1640 %
134,361 0.1640 % 11 M $
List of TOROMONT INDUSTRIES LTD. shareholders

Company details: Toromont Industries Ltd.

Toromont Industries Ltd.

3131 Highway 7 West

L4K 1B7, Concord

+416 667 5511

http://www.toromont.com
address Toromont Industries Ltd.(TIH)

Heavy Machinery & Vehicles Wholesale

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Change 5d. change 1-year change 3-years change Capi. ($)
+2.53%+3.49%+2.20%+10.97%6.74B
+1.53%+1.35%+33.39%+115.74%11.89B
-0.42%+2.14%-2.00%+10.30%3.63B
+0.43%+1.04%+44.15%-19.98%1.09B
+0.62%+0.74%+12.80%+76.41%562M
-0.39%+2.81%+9.40%+3.23%348M
+3.62%+6.70%-38.32%-47.52%359M
+0.63%+9.69%-30.28%+2.62%339M
0.00%+1.89%-18.31%+3.20%249M
0.00%-11.43% - - 66.07M
Average +0.54%+1.90%+1.45%+17.22% 2.53B
Weighted average by Cap. +1.41%+2.80%+17.25%+59.30%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
A
surperformance-ratings-light-chart TOROMONT-INDUSTRIES-LTDMore Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
118.92CAD
Average target price
134.00CAD
Spread / Average Target
+12.68%
Consensus

Quarterly revenue - Rate of surprise

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