All amounts are in Canadian currency. We are very proud to have the Hewitt Group join us and are privileged to be taking on the stewardship of this excellent business and building on the family legacy.
Substantially all of the backlog is expected to be delivered this year. Most of the backlog is expected to be delivered in Toromont's financial position remains strong.
The Company's balance sheet strength supports the pursuit of growth opportunities. The Board of Directors announced a quarterly dividend of 18 cents per common share, payable July 4, to shareholders of record on June 10, Excess inventory levels industry-wide and soft commodity prices continue, which impact the operating environment.
Product support growth continues to benefit from the larger installed base in the field and serves to partially offset the downward pressures from other areas of the business. We are encouraged that the Federal government has committed to increasing infrastructure spending in our territories, however, timing of any such projects is unclear at this time," continued Mr.
The meeting will also be available via live audio webcast at www. Quarterly Conference Call and Webcast Interested parties are invited to join the quarterly conference call with investment analysts, in listen-only mode, on Wednesday, April 27, at 8: The call may be accessed by telephone at toll free or Toronto area.
A replay of the conference call will be available until Wednesday, May 11, by calling or and quoting passcode Both the live webcast and the replay of the quarterly conference call can be accessed at www. Advisory Information in this press release that is not a historical fact is "forward-looking information".
Words such as "plans", "intends", "outlook", "expects", "anticipates", "estimates", "believes", "likely", "should", "could", "will", "may" and similar expressions are intended to identify statements containing forward-looking information. Forward-looking information in this press release is based on current objectives, strategies, expectations and assumptions which management considers appropriate and reasonable at the time including, but not limited to, general economic and industry growth rates, commodity prices, currency exchange and interest rates, competitive intensity and shareholder and regulatory approvals.
By its nature, forward-looking information is subject to risks and uncertainties which may be beyond the ability of Toromont to control or predict.
The actual results, performance or achievements of Toromont could differ materially from those expressed or implied by forward-looking information. Factors that could cause actual results, performance, achievements or events to differ from current expectations include, among others, risks and uncertainties related to: Any of the above mentioned risks and uncertainties could cause or contribute to actual results that are materially different from those expressed or implied in the forward-looking information and statements included in this press release.
For a further description of certain risks and uncertainties and other factors that could cause or contribute to actual results that are materially different, see the risks and uncertainties set out in the "Risks and Risk Management" and "Outlook" sections of Toromont's most recent annual or interim Management Discussion and Analysis, as filed with Canadian securities regulators at www.
Other factors, risks and uncertainties not presently known to Toromont or that Toromont currently believes are not material could also cause actual results or events to differ materially from those expressed or implied by statements containing forward-looking information.
Readers are cautioned not to place undue reliance on statements containing forward-looking information that are included in this press release, which are made as of the date of this press release, and not to use such information for anything other than their intended purpose.
Toromont disclaims any obligation or intention to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
About Toromont Toromont Industries Ltd. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations and an expanding agricultural equipment business. CIMCO is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems.
Both segments offer comprehensive product support capabilities.See the company profile for TOROMONT IND (caninariojana.com) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives and their compensation. Description.
Toromont Industries Ltd.
provides specialized capital equipment in Canada, the United States, and internationally. It. Toromont Industries Ltd., a diversified industrials company providing specialized capital equipment and ongoing support to customers in various sectors, today announced that it has entered into a.
This article is in a list format that may be better presented using prose. You can help by converting this article to prose, if appropriate. Editing help is available. (April ).
Toromont Industries Ltd.
operates through two business segments: the Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory - spanning the Canadian provinces of Newfoundland & Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Québec, Ontario and Manitoba.
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Complete import/export history of Toromont Industries, Ltd. Their June 10, import from Caterpillar Americas C.v in United Kingdom was KG of Marine Generator Set.