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11.06.25 - 22:18
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Helios Technologies Appoints Ian Walsh to Board of Directors (Business Wire)
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Expands Board back to seven membersSARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic control technologies, today announced that its Board of Directors (the “Board”) has appointed Ian Walsh to serve as director, effective June 5, 2025. He will serve as a member of the class of directors whose term will expire at the 2026 Annual Meeting of Shareholders. The Board also appointed Mr. Walsh to serve on the Board's Audit Committee and Governance Committee.
“We are pleased to welcome Ian Walsh to our Board. Ian's current role as Chief Executive Officer of FDH Aero and track record of strong leadership experience across both private and public enterprises illustrate the highly relevant operational and strategic expertise he brings. His addition further strengthens and enhances the Board, and we expect he will be a strong contributor as we advance our strategy to return to growth, d...
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05.06.25 - 15:03
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Helios Technologies Extends History of Quarterly Dividends With 114th Consecutive Cash Dividend (Business Wire)
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SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic control technologies, announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share. Helios has declared consecutive quarterly dividends to its stockholders for over 28 years beginning with the first quarter 1997.
The dividend will be payable on July 21, 2025, to stockholders of record as of July 7, 2025. Helios Technologies has approximately 33.3 million shares of common stock outstanding.
About Helios Technologies
Helios Technologies is a global leader in highly engineered motion control and electronic controls technology for diverse end markets, including construction, material handling, agriculture, energy, recreational vehicles, marine and health and wellness. Helios sells its products to customers in over 90 countries around the world. Its strategy for growth is to be the leading provider i...
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22.04.25 - 15:03
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Helios Technologies Schedules First Quarter 2025 Financial Results Release and Conference Call (Business Wire)
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SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology, announced today that it will release its first quarter 2025 financial results after the market closes on Tuesday, May 6, 2025. Sean Bagan, President, Chief Executive Officer and Chief Financial Officer, will host a conference call and webcast the next morning to review the Company's financial and operating results and discuss its outlook.
First Quarter 2025 Financial Results Conference Call:
Wednesday, May 7, 2025
9:00 a.m. Eastern Time
Phone: (201) 689-8573
Internet webcast and accompanying slide presentation: www.heliostechnologies.com.
A telephonic replay will be available from approximately 1:00 p.m. ET on the day of the call through Wednesday, May 21, 2025. To listen to the archived call, dial (412) 317-6671 and enter conference ID number 13752555. The webcast replay will be available in the investor relations s...
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31.03.25 - 22:18
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Helios Technologies Streamlines Leadership in Electronics Segment (Business Wire)
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SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology, announced today that it has streamlined the structure of its Electronics Segment with the naming of Billy Aldridge as Senior Vice President, Managing Director, Electronics Segment. Mr. Aldridge replaces Lee Wichlacz who has been separated from the Company. We thank Mr. Wichlacz for his two years of service and wish him the best in his future endeavors.
“We believe the realignment within our Electronics Segment will enhance customer engagement, sharpen the focus on our new go-to-market strategy and streamline day-to-day operations. As a result, the Electronics Segment is well positioned to drive our strategic initiatives and intensify attention on our 2025 objectives,” said Sean Bagan, President, Chief Executive Officer, and Chief Financial Officer of Helios. “Billy has demonstrated strong leadership, deep ...
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14.03.25 - 14:06
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Over 28 Years of Consecutive Dividend Payments by Helios Technologies (Business Wire)
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SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced that its Board of Directors declared a quarterly cash dividend of $0.09 per common share. Helios has declared consecutive quarterly dividends to its stockholders for over 28 years beginning with the first quarter 1997.
“Since 1997, less than 8% of all companies listed on U.S. exchanges have paid consecutive dividends for 28 years in a row. This financial milestone highlights the enduring strong cash generation inherent in our business model. In fact, in 2024 we had a record year for cash generated from our operations of over $122 million reflecting our disciplined working capital initiatives,” said Sean Bagan, President, Chief Executive Officer and Chief Financial Officer of Helios.
The dividend will be payable on April 22, 2025 to stockholders of record as of April 4, 2025....
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24.02.25 - 22:21
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Helios Technologies Reports Fourth Quarter and Full Year 2024 Financial Results; Delivered Expanded Margins and Record Cash Generation in Challenging Macro (Business Wire)
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Generated fourth quarter 2024 cash from operations of $35.7 million up 6% over prior year period; Full year 2024 cash from operations of $122.1 million, a company record, up 46% compared to prior year period reflecting disciplined working capital initiatives
Reduced fourth quarter total debt by $33.9 million, the sixth consecutive quarter of debt reduction; Improved net debt to adjusted EBITDA leverage ratio again sequentially down to 2.6x from 2.8x ending 3Q24; Full year 2024 total debt reduced by $75.3 million compared to last year
Delivered fourth quarter net sales of $179.5 million down 7% compared with prior year period; Full year net sales of $805.9 million down 4% compared to last year
Expanded fourth quarter gross margin 150 bps compared with prior year period with strong operating margin improvement of 120 bps as expected from improved efficiencies and cost adjustments despite lower net sales; Full year gross margin flat with operating margin improvement of 60 bps compared with prior year period
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24.02.25 - 22:21
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Helios Technologies Announces $100 Million Multi-Year Share Repurchase Program (Business Wire)
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SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology, announced today that its Board of Directors has approved a multi-year share repurchase program, authorizing the Company to repurchase up to $100 million of its common stock.
“Solid financial execution has led to measurably strengthening our cash generation and the future outlook for Helios is exciting. We are confident in our ability to continue to invest in organic growth, consider strategic acquisitions, and increase our return of capital to shareholders by supplementing our over 27 year dividend history with this share repurchase program,” said Sean Bagan, President, Chief Executive Officer, and Chief Financial Officer of Helios. “While market conditions have been weak over the last couple years, we have consistently invested in our business through product and solution innovations as well as our 'in t...
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10.02.25 - 15:06
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Helios Technologies Schedules Fourth Quarter and Full Year 2024 Financial Results Release and Conference Call (Business Wire)
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SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology for diverse end markets, announced today that it will release its fourth quarter and full year 2024 financial results after the market closes on Monday, February 24, 2025. Sean Bagan, President, Chief Executive Officer and Chief Financial Officer, will host a conference call and webcast the next morning to review the Company's financial and operating results and discuss its corporate outlook.
Fourth Quarter & FY 2024 Financial Results Conference Call:
Tuesday, February 25, 2025
9:00 a.m. Eastern Time
Phone: (201) 689-8573
Internet webcast and accompanying slide presentation: www.heliostechnologies.com.
A telephonic replay will be available from approximately 1:00 p.m. ET on the day of the call through Tuesday, March 11, 2025. To listen to the archived call, dial (412) 317-6671 and enter conference ID number 13751073. ...
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06.01.25 - 22:18
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Helios Technologies Appoints Sean P. Bagan as President and Chief Executive Officer (Business Wire)
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SARASOTA, Fla.--(BUSINESS WIRE)--Helios Technologies, Inc. (NYSE: HLIO) (“Helios” or the “Company”), a global leader in highly engineered motion control and electronic controls technology, today announced that its Board of Directors has promoted Sean P. Bagan to President and Chief Executive Officer, effective immediately. Mr. Bagan has also been nominated to the Company's Board of Directors and will be eligible for election at the June 2025 Annual Meeting. The Board, through an external search firm, conducted a thorough search process consisting of internal and external candidates. Mr. Bagan has been serving as the Interim President, Chief Executive Officer and Chief Financial Officer since July 8, 2024. He will continue as Chief Financial Officer as Helios will now initiate a search to backfill Mr. Bagan's previous role. In addition, Philippe Lemaitre will resume his role as Non-Executive Chairman.
“The Board has unanimously determined that Sean Bagan is the right choice to lead Helios Techn...
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