|
|
|
|
|
|
|
|
|
|
|
|
|
22.10.25 - 22:21
|
Mayville Engineering Company Announces Third Quarter 2025 Results Conference Call and Webcast Date (Business Wire)
|
|
|
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue third quarter 2025 results after the market closes on Tuesday, November 4, 2025. A conference call will be held the following day, Wednesday, November 5, 2025, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software.
To participate in the live teleconference:
United States Live:
1-833-470-1428
Canada Live:
1-833-950-0062
Access Code:
42724...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05.08.25 - 22:21
|
Mayville Engineering Company Announces Second Quarter 2025 Results (Business Wire)
|
|
|
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced results for the three-months ended June 30, 2025.
SECOND QUARTER 2025 RESULTS
Net sales of $132.3 million
GAAP Net loss of $1.1 million, or ($0.05) per diluted share
Non-GAAP Adjusted Net Income of $2.1 million, or Adjusted Diluted EPS of $0.10
Adjusted EBITDA of $13.7 million
Adjusted EBITDA margin of 10.3%
Free Cash Flow of $12.5 million
Ratio of net debt to trailing twelve-month Adjusted EBITDA of 1.4x as of June 30, 2025
MANAGEMENT COMMENTARY
"Our second quarter results underscore the resilience and strong execution of our team, as we delivered improved Adjusted EBITDA margins compared to the first quarter, despite a challenging customer demand environment" stated Jag Reddy, President and Chief Executive Officer. “Our MBX framework continues to guide our disciplin...
|
|
|
24.07.25 - 22:21
|
Mayville Engineering Company Elects Tania Wingfield to Board of Directors (Business Wire)
|
|
|
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (“MEC” or the “Company”), a leading U.S.-based provider of design, prototyping, and manufacturing solutions across diverse end markets, today announced the election of Tania Wingfield to its Board of Directors, effective immediately. Ms. Wingfield will serve on the Compensation Committee. The election brings the total number directors on MEC's board to seven.
Ms. Wingfield currently serves as Executive Vice President and Chief Human Resources Officer of BorgWarner, Inc., a global leader in innovative propulsion systems. She brings more than thirty years of experience in manufacturing, operations, engineering, supply chain and business transformation.
“We are honored to welcome Tania to MEC's Board of Directors,” said Jag Reddy, MEC's President & CEO. “She brings deep manufacturing expertise, having led operations, supply chains and product development initiatives across global businesses. Her strategic leadership and ope...
|
|
|
23.07.25 - 22:18
|
Mayville Engineering Company Announces Second Quarter 2025 Results Conference Call and Webcast Date (Business Wire)
|
|
|
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue second quarter 2025 results after the market closes on Tuesday, August 5, 2025. A conference call will be held the following day, Wednesday, August 6, 2025, at 10:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://ir.mecinc.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software.
To participate in the live teleconference:
United States Live:
1-833-470-1428
Canada Live:
1-833-950-0062
Access Code:
584482
T...
|
|
|
01.07.25 - 22:21
|
Mayville Engineering Company Completes Acquisition of Accu‑Fab, LLC (Business Wire)
|
|
|
MILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping, and manufacturing solutions serving diverse end-markets, today announced the completion of the previously announced acquisition of Accu-Fab, LLC (“Accu-Fab”) from strategic holding company Tide Rock, effective July 1, 2025. Under the terms of the agreement, the Company paid total cash consideration of $140.5 million, subject to customary adjustments including a net working capital adjustment. The transaction was funded through availability on MEC's existing $350 million credit facility.
Accu-Fab is a vertically integrated manufacturing partner providing technology-driven, cutting-edge metal fabrication solutions to large OEMs. Accu-Fab offers value-added services that include design, engineering, sheet metal fabrication and integration, and specialized finishing. Through the acquisition of Accu-Fab, MEC enhances its strategic position by b...
|
|
|
|
|
|
|
27.05.25 - 12:06
|
Mayville Engineering Company Announces Definitive Agreement to Acquire Accu-Fab, LLC (Business Wire)
|
|
|
Acquisition to provide MEC with strategic diversification into high-growth end-markets, including critical power infrastructure, data center and renewable energy
Combined platform adds strategically located facilities and enhances value-added capabilities
Expected to be immediately accretive to Adjusted EBITDA, Adjusted EBITDA margin and Adjusted Earnings Per Share
MEC to host Accu-Fab acquisition conference call and webcast today at 9:00 a.m. Eastern TimeMILWAUKEE--(BUSINESS WIRE)--Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced a definitive agreement to acquire Accu-Fab, LLC (“Accu-Fab”) from strategic holding company Tide Rock for a total consideration of $140.5 million, plus ordinary and customary adjustments. The proposed acquisition is expected to close during the third quarter 2025, subject to the satisfaction of customary closing conditions.
...
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
