Heroux-Devtek (TSE:HRX) has released an update.
Héroux-Devtek, a leading aerospace product manufacturer, has reported a significant increase in sales and operating income for the first quarter, with sales up 23.7% and operating income more than doubling from the previous year. The company’s cash flow from operations has also seen a positive swing, and it has recently entered an acquisition agreement with Platinum Equity.
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