Renaissance Capital logo

ATS Corporation Priced, NYSE: ATS

Canadian maker of factory tooling and automation systems.

Industry: Industrials

Latest Trade: $32.99 0.00 (0.0%)

First Day Return: +5.4%

Return from IPO: -19.5%

Industry: Industrials

We are an industry-leading automation solutions provider to many of the world’s most successful companies. We use our extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added solutions including pre-automation and after-sales services to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, transportation, food & beverage, consumer products, and energy. In the fiscal year ended March 31, 2023 we reported record revenues, and we generated record Order Bookings. Our financial results for the year were also highlighted by a 11.5% increase in adjusted earnings from operations. Revenues for the fiscal year ended March 31, 2023 were C$2,577.4 million with adjusted earnings from operations of C$343.4 million. Order Backlog was C$2,153 million at March 31, 2023, up 49.7% from the previous year, and Order Bookings for the fiscal year ended March 31, 2023 were C$3,256 million, up 32.6% over the previous year.
more less
IPO Data
IPO File Date 05/23/2023
Offer Price $41.00
Price Range $41.00 - $41.00
Offer Shares (mm) 6.0
Deal Size ($mm) $246
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/24/2023
Offer Price $41.00
Price Range $41.00 - $41.00
Offer Shares (mm) 6.0
Deal Size ($mm) $246
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
J.P. Morgan
more
Company Data
Headquarters Cambridge, Canada
Founded 1978
Employees 6,000
Website www.atsautomation.com

ATS Corporation (ATS) Performance