News & Videos - TOROMONT INDUSTRIES TMTNF

TORONTO, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) today reported financial results for the three months and year ended December 31, 2021. Three months ended December 31 Years ended December 31 millions, except per share amounts 2021 2020 % change 2021 2020 % change Revenues $ 956.0 $ 992.2 (4 %) $ 3,886.5 $ 3,478.9 12 % Operating income $ 148.8 $ 127.2 17 % $ 475.9 $ 372.4 28 % Net earnings $ 105.6 $ 89.0 19 % $ 332.7 $ 254.9 31 % Basic earnings per share ("EPS") $...

TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) will release its 2021 annual financial results after markets close on Wednesday, February 9, 2022. The analysis of annual results will also include a focus on performance in the fourth quarter. Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio webcast on Thursday, February 10, 2022 beginning at 8:00 a.m. (Eastern) to discuss the financial results and...

TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the third quarter ended September 30, 2021. Three months ended September 30 Nine months ended September 30 millions, except per share amounts 2021 2020 % change 2021 2020 % change Revenues $ 997.2 $ 921.7 8 % $ 2,930.5 $ 2,486.7 18 % Operating income $ 134.4 $ 112.9 19 % $ 327.2 $ 245.3 33 % Net earnings $ 93.8 $ 77.4 21 % $ 227.1 $ 166.0 37 % Basic earnings per share ("EPS") $ 1.13...

TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) will release its third quarter 2021 results after markets close on Thursday, November 4, 2021. Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio webcast on Friday, November 5, 2021 at 8:00 a.m. (Eastern) to discuss the financial results and operating highlights. The conference will begin with a brief address by Scott J. Medhurst, President and Chief...

TORONTO, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) announced today that it has filed with the Toronto Stock Exchange (the “TSX”) a notice of intention to make a normal course issuer bid (“NCIB”) for certain of its common shares through the facilities of the Toronto Stock Exchange and alternative Canadian trading systems. Under this notice, Toromont is entitled to purchase up to 8,245,102 common shares, representing 10% of its 82,451,029 common shares in the...

TORONTO, July 28, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the second quarter ended June 30, 2021. Three months ended June 30 Six months ended June 30 millions, except per share amounts 2021 2020 % change 2021 2020 % change Revenues $ 1,127.1 $ 849.6 33 % $ 1,933.3 $ 1,565.1 24 % Operating income $ 122.5 $ 77.1 59 % $ 192.7 $ 132.4 46 % Net earnings $ 85.4 $ 51.2 67 % $ 133.4 $ 88.6 51 % Basic earnings per share ("EPS") $ 1.03 $ 0.62 66 % $...

TORONTO, July 15, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) today announces that after 36 years of dedicated service (34 as Chairman and 20 as CEO), Mr. Robert M. Ogilvie will retire as both Chairman and Director of the Board of Directors effective July 15, 2021. Mr. Ogilvie’s chairmanship extended beyond the originally scheduled retirement date of April 2021 as the COVID crisis presented unprecedented uncertainties. The company has navigated well over the last 16 months,...

TORONTO, July 14, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) will release its second quarter 2021 results after markets close on Wednesday, July 28, 2021. Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio webcast on Thursday, July 29, 2021 at 8:00 a.m. (Eastern) to discuss the financial results and operating highlights. The conference will begin with a brief address by Scott J. Medhurst, President and Chief...

TORONTO, May 05, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) (“Toromont”) is pleased to announce that on May 5, 2021, at its Annual and Special Meeting of Shareholders, all the nominees listed in its Management Information Circular dated February 26, 2021 were elected as Directors of Toromont. The detailed results of the vote are as follows: Nominee Total Votes For Percentage of Votes In Favour Total Votes Withheld Percentage of Votes Withheld Total Votes Peter J. Blake...

TORONTO, May 04, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the first quarter ended March 31, 2021. Three months ended March 31 millions, except per share amounts 2021 2020 % change Revenues $ 806.2 $ 715.5 13 % Operating income $ 70.2 $ 55.2 27 % Net earnings $ 48.0 $ 37.4 28 % Basic earnings per share ("EPS") $ 0.58 $ 0.46 26 % “Toromont’s first quarter results reflect our people’s unwavering commitment to meet our customer needs as we...

TORONTO, April 20, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) will release its first quarter 2021 results after markets close on May 4, 2021. Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio webcast to discuss the financial results and operating highlights. The conference will begin with a brief address by Scott J. Medhurst, President and Chief Executive Officer and Michael S. McMillan, Executive Vice President...

TORONTO, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) today reported financial results for the three months and year ended December 31, 2020. Three months ended December 31 Years ended December 31 millions, except per share amounts 2020 2019 % change 2020 2019 % change Revenues $ 992.2 $ 1,025.2 (3 %) $ 3,478.9 $ 3,678.7 (5 %) Operating income $ 127.2 $ 128.2 (1 %) $ 372.4 $ 412.5 (10 %) Net earnings $ 89.0 $ 90.5 (2 %) $ 254.9 $ 286.8 (11 %) Basic earnings per share...

TORONTO, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the third quarter ended September 30, 2020. Three months ended September 30 Nine months ended September 30 millions, except per share amounts 2020 2019 % change 2020 2019 % change Revenues $ 921.7 $ 975.2 (5 %) $ 2,486.7 $ 2,653.5 (6 %) Operating income $ 112.9 $ 114.5 (1 %) $ 245.3 $ 284.3 (14 %) Net earnings $ 77.4 $ 79.7 (3 %) $ 166.0 $ 196.3 (15 %) Basic earnings per share...

TORONTO, July 28, 2020 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported financial results for the second quarter ended June 30, 2020. Three months ended June 30 Six months ended June 30 millions, except per share amounts 2020 2019 % change 2020 2019 % change Revenues $ 849.6 $ 978.3 (13 %) $ 1,565.1 $ 1,678.3 (7 %) Operating income $ 77.1 $ 111.0 (31 %) $ 132.4 $ 169.8 (22 %) Net earnings $ 51.2 $ 77.4 (34 %) $ 88.6 $ 116.7 (24 %) Basic earnings per share ("EPS") $ 0.62 $ 0.95...

TORONTO, May 01, 2020 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) (“Toromont”) is pleased to announce that on May 1, 2020, at its Annual Meeting of Shareholders, all the nominees listed in its Management Information Circular dated February 28, 2020 were elected as Directors of Toromont. The detailed results of the vote are as follows: Nominee Total Votes For Percentage of Votes In Favour Total Votes Withheld Percentage of Votes Withheld Total Votes 1. Peter J. Blake 65,212,585...

TORONTO, April 30, 2020 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) reported its financial results for the first quarter ended March 31, 2020 Financial Highlights Three months ended March 31 millions, except per share amounts 2020 2019 % change Revenues $ 715.5 $ 700.0 2% Operating income $ 55.2 $ 58.8 (6%) Net earnings $ 37.4 $ 39.3 (5%) Basic earnings per share ("EPS") $ 0.46 $ 0.48 (4%) “The recent outbreak of COVID-19 puts us in an unprecedented environment. While Toromont’s...

TORONTO, April 17, 2020 (GLOBE NEWSWIRE) -- In a release issued earlier today by Toromont Industries Ltd. (TSX:TIH), please note that the headline of the release should read "Toromont to Announce First Quarter 2020 Results on April 30, 2020." The corrected release follows: Toromont to Announce First Quarter 2020 Results on April 30, 2020 Toromont Industries Ltd. (TSX:TIH) will release its first quarter 2020 results after markets close on Thursday, April 30, 2020. Analysts, members of the media...

TORONTO, April 17, 2020 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX:TIH) will release its first quarter 2020 results after markets close on Thursday, April 30, 2020. Analysts, members of the media and other interested parties are invited to participate in a teleconference and audio webcast on Friday, May 1, 2020 at 8:00 a.m. (Eastern) to discuss the financial results and operating highlights. The conference will begin with a brief address by Scott J. Medhurst, President and Chief Executive...

TORONTO, March 24, 2020 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TIH) is advising of a change in the format of its Annual Meeting of Shareholders to be held on May 1, 2020, which was previously announced on February 11, 2020. This year, due to global public health concerns regarding the COVID-19 pandemic, we will be holding our Annual Shareholders’ Meeting in a virtual-only format, via live audio webcast. Our intention is to mitigate the risks to our shareholders, employees and other...

TORONTO, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Toromont Industries Ltd. (TSX: TIH) today reported financial results for the three months and year ended December 31, 2019. Three months ended December 31 Years ended December 31 millions, except per share amounts 2019 2018 % change 2019 2018 % change Revenues $ 1,025.2 $ 966.0 6 % $ 3,678.7 $ 3,504.2 5 % Operating income $ 128.2 $ 121.6 5 % $ 412.5 $ 369.6 12 % Net earnings $ 90.5 $ 84.9 7 % $ 286.8 $ 252.0 14 % Basic earnings per share ("EPS") $ 1.10...