DMC Global Issues Annual Letter to Stakeholders

Rhea-AI Summary

DMC Global Inc. (Nasdaq: BOOM) released its Annual Letter to Stakeholders, authored by Interim Co-CEOs Michael Kuta and David Aldous. The letter outlines the company's strategic positioning in asset-light manufacturing sectors, highlighting its leadership through businesses such as Arcadia, DynaEnergetics, and NobelClad. DMC focuses on providing innovative, engineered products tailored for various industries, including energy and industrial infrastructure. The company's management teams emphasize capital allocation to enhance operational strategies and maximize shareholder returns. For detailed insights, the letter is accessible on DMC's Investors page.

Positive

• DMC Global operates innovative, asset-light manufacturing businesses.
• The company has established leadership positions in its markets.
• DMC's experienced management teams focus on capital allocation to improve returns.

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• None.

BROOMFIELD, Colo., March 28, 2023 (GLOBE NEWSWIRE) -- DMC Global Inc. (Nasdaq: BOOM) has published its Annual Letter to Stakeholders from Interim Co-CEO, Michael Kuta, and Director and Interim Co-CEO, David Aldous. The letter is available here, or on the Investors page of DMC’s website.

About DMC
DMC Global is an owner and operator of innovative, asset-light manufacturing businesses that provide unique, highly engineered products and differentiated solutions. DMC’s businesses have established leadership positions in their respective markets and consist of: Arcadia, a leading supplier of architectural building products; DynaEnergetics, which serves the global energy industry; and NobelClad, which addresses the global industrial infrastructure and transportation sectors. DMC’s businesses are led by experienced, strategically focused management teams, which are supported with business resources and capital allocation expertise to advance their operating strategies and generate the greatest returns. Based in Broomfield, Colorado, DMC trades on Nasdaq under the symbol “BOOM.” For more information, visit: https://www.dmcglobal.com/.

CONTACT:
Geoff High
Vice President of Investor Relations
303-604-3924

FAQ

What did DMC Global state in its Annual Letter to Stakeholders released in March 2023?

In the letter, DMC Global highlighted its strategic positioning and leadership in asset-light manufacturing through its key businesses.

Who authored the Annual Letter to Stakeholders for DMC Global?

The letter was authored by Interim Co-CEOs Michael Kuta and David Aldous.

What are the main business segments of DMC Global?

DMC Global operates in segments such as architectural building products, energy services, and industrial infrastructure.

How does DMC Global aim to maximize shareholder returns?

DMC's management emphasizes capital allocation and operational strategies to enhance returns for shareholders.