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ATS - ATS STOCK NEWS

Welcome to our dedicated page for ATS news (Ticker: ATS), a resource for investors and traders seeking the latest updates and insights on ATS stock.

Overview of ATS Corp

ATS Corp is a Canada-based company specializing in the design and construction of customized automation systems for manufacturing and testing environments. With a focus on engineering excellence and operational efficiency, ATS Corp has established itself as a vital service provider within the industrial automation landscape. The company integrates advanced hardware and innovative software to create tailored solutions that streamline production and enhance testing protocols. Its expertise spans across a wide array of product offerings, including conveyor systems, automated electrified monorails, tray handlers, laser systems, and other critical components essential for modern industrial processes.

Business Model and Services

The core business model of ATS Corp is built around providing end-to-end automation solutions that cater to the specific needs of its diverse clientele. The company not only designs and builds automation systems, but also offers comprehensive pre-automation planning and post-automation support services. This integrated approach ensures that clients receive strategic direction during the initial stages of deployment and continuous support to maintain operational efficiency over time. By combining technical design with consulting expertise, ATS Corp helps customers optimize their manufacturing processes and testing protocols in a cost-effective manner.

Product and Service Portfolio

ATS Corp's product suite is both broad and technically advanced. Its offerings include:

  • Conveyor Systems: Engineered to move goods efficiently within production environments.
  • Automated Electrifed Monorails: Customized systems that improve the transportation of materials in manufacturing setups.
  • Tray Handlers and Laser Systems: Designed for precision in handling and quality testing.
  • Integrated Software Solutions: Facilitate seamless operation and monitoring of physical automation systems.

These products are complemented by strategic pre-automation services, which include detailed project planning and consultation. Post-automation support further enhances the longevity and efficiency of installations, ensuring that customers benefit from continuous operational improvements and minimal downtime.

Industry Position and Market Reach

Operating primarily in North American and European markets, ATS Corp has positioned itself as a reliable partner for companies in multiple sectors. Its clientele ranges from the life sciences and food and beverage industries to consumer products, electronics, and the energy sector. This diverse market presence is a testament to the versatility and adaptability of its automation solutions. By addressing unique industry needs through customized engineering, ATS Corp demonstrates a clear understanding of the technical challenges and quality standards required in high-stakes production environments.

Technical Expertise and Competitive Differentiation

What sets ATS Corp apart is its deep expertise in automation systems combined with a commitment to delivering high-quality, bespoke solutions. The company employs state-of-the-art design techniques and leverages modern engineering practices to ensure its products meet stringent industry standards. Furthermore, its dual focus on pre-automation planning and aftermarket support ensures that client operations are well-supported from project inception through ongoing operational phases. Such a comprehensive approach minimizes disruptions and enhances overall productivity in competitive markets.

Operational Excellence and Industry Terminology

ATS Corp employs precise industry terminology such as "manufacturing automation" and "testing solutions" to clearly define its service offerings. This usage not only establishes professional authority but also aids potential customers and investors in understanding the complexity and value of its solutions. The company's operations are built on robust engineering principles and a deep understanding of process optimization, positioning it within a competitive landscape that values technical precision and service reliability.

Conclusion

In summary, ATS Corp offers a comprehensive range of automation systems and tailored services that support diverse industrial applications. Its capabilities in designing, building, and supporting automated manufacturing and testing environments make it a significant contributor to the industrial automation sector. By combining advanced technical design with strategic project management and support, ATS Corp continues to play an essential role in enhancing operational efficiency for businesses across multiple high-demand markets.

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ATS Corporation (ATS) Announces Participation in 2023 UBS Industrials Summit
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ATS Corporation (ATS) Announces Participation in 23rd Annual Scotiabank Transportation & Industrials Conference on November 15, 2023
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ATS Corporation (TSX and NYSE: ATS) reported strong financial results for the second quarter, with revenues increasing by 24.9% year over year to $735.7 million. Net Income was $50.7 million compared to $29.5 million a year ago, and Order Backlog increased 12.4% to $2,016 million. The company also announced acquisitions and celebrated its IWK business' 130th anniversary.
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ATS Corporation has released its FY2023 Sustainability Report, providing insights into the company's initiatives and outcomes in terms of environmental, social, and governance matters. The report highlights progress on sustainability goals, enhanced disclosure on governance and risk management, and the company's integration of sustainable operations. CEO Andrew Hider emphasizes the company's commitment to strengthening their business and supporting the sustainability goals of their customer base.
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ATS Corporation will participate in the Baird 2023 Global Industrial Conference in Chicago on November 9, 2023. The CEO and CFO will host a presentation at 1:10 p.m. (CST) and also hold institutional investor meetings.
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ATS Corporation will report its financial results for the second quarter on November 8, 2023. A conference call and webcast will follow for analysts and investors.
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ATS Corporation announced its acquisition of Avidity Science for US$195 million, representing 11.2x Avidity's projected calendar 2023 adjusted EBITDA. The acquisition is expected to generate cost and commercial synergies of US$1.5 million by year 3 and US$2.6 million by year 5. The transaction is subject to customary post-closing adjustments and is expected to close in Q4 2023. ATS plans to fund the acquisition with cash and by drawing on its revolving credit facility, resulting in a pro forma leverage of 2.5x net debt to the last twelve months adjusted EBITDA.
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ATS Corporation provides additional details regarding its Institutional Investor Day. Investors can attend virtually via webcast and a replay will be available on the ATS website. The company will disclose non-IFRS financial measures and supplementary financial measures. ATS had a ROIC of 12.7% for the period ended March 31, 2023. Deferred development additions for fiscal 2023 were $18.1 million and research expenditures were $9.3 million. Reoccurring revenue accounts for 25-35% of total revenues. Custom integration revenues represented 44% of fiscal 2023 revenues, equipment/products revenues represented 29%, and services revenues represented 27%.
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ATS Corporation to participate in RBC Capital Markets Global Industrials Conference
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ATS to participate in the Jefferies Industrials Conference
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FAQ

What is the current stock price of ATS (ATS)?

The current stock price of ATS (ATS) is $25.23 as of April 3, 2025.

What is the market cap of ATS (ATS)?

The market cap of ATS (ATS) is approximately 2.6B.

What is ATS Corp's primary business focus?

ATS Corp specializes in designing and building customized automation systems for manufacturing and testing, along with providing comprehensive pre- and post-automation services.

Which industries benefit the most from ATS Corp’s solutions?

The company caters to a variety of industries including life sciences, food and beverage, consumer products, electronics, and energy sectors.

What types of products does ATS Corp offer?

ATS Corp offers a range of products such as conveyor systems, electrified monorails, tray handlers, laser systems, and integrated software solutions tailored for industrial automation.

How does ATS Corp enhance operational efficiency for its clients?

By providing end-to-end automation solutions that include not only system design and construction but also strategic pre-automation planning and robust post-automation support.

What geographic markets does ATS Corp serve?

The company generates the majority of its sales from North America and Europe, serving diverse regional client needs with customized automation solutions.

How does ATS Corp differentiate itself from competitors?

ATS Corp stands out due to its integrated approach that combines advanced technological design with comprehensive service support, ensuring continuous efficiency throughout the automation lifecycle.

What role do pre-automation and post-automation services play in ATS Corp's offerings?

These services are essential to ATS Corp's model, as they provide strategic guidance during project planning and ensure ongoing support and maintenance after system implementation.

Can ATS Corp's solutions be tailored to specific industrial requirements?

Yes, ATS Corp designs customized systems that address the unique operational challenges of various industries, ensuring that each solution is adapted to the specific needs of the client.
ATS

NYSE:ATS

ATS Rankings

ATS Stock Data

2.55B
97.13M
0.78%
94.51%
3.95%
Specialty Industrial Machinery
Industrials
Link
Canada
Cambridge