Mattr ( (TSE:MATR) ) has provided an announcement.
Mattr Corp. reported a full-year 2024 revenue of $960 million with a net loss of $4 million, and a significant acquisition of AmerCable for $280 million to bolster its Connection Technologies segment. Despite a decrease in Adjusted EBITDA from Continuing Operations, the company is strategically positioned for growth with new manufacturing facilities and share repurchases, aiming to enhance margins and reduce volatility.
More about Mattr
Mattr Corp. operates in the technology industry, focusing on Composite Technologies and Connection Technologies. The company provides solutions in these segments and has recently expanded its market presence by acquiring AmerCable, a U.S. manufacturer of engineered wire and cable solutions.
YTD Price Performance: -24.18%
Average Trading Volume: 247,128
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$634M
For a thorough assessment of MATR stock, go to TipRanks’ Stock Analysis page.