Market trends and business perspectives
by Sam Francis
ATS Automation Tooling Systems has reported revenue of $300 million for the quarter ending July 1, 2018.
The company says the $300 million is 14 percent higher than the same quarter last year.
Earnings from operations were $27 million (9 percent operating margin), compared to $21.3 million (8 percent operating margin) a year ago. [Read more…] about ATS Automation reports $300 million revenue
Senior executives from ATS Automation and the company’s business partners had the opportunity to open the stock market in Canada recently.
The executives included Andrew Hider, CEO, Ungad Chadda, senior vice president, head of enterprise corporate strategy and external affairs, TMX Group, a financial services company, opened the market to celebrate 25 years listed on Toronto Stock Exchange.
Founded in 1978, ATS is an automation solutions provider addressing the needs of multinational customers in markets such as life sciences, chemicals, consumer products, electronics, food, beverage, transportation, energy, and oil and gas.
ATS Automation Tooling Systems commenced trading on Toronto Stock Exchange on December 21, 1993.
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