Associated tags: Agriculture, BMC, RTM, SMC, GMT, Core Molding Technologies, DCPD, CMT, NYSE, Core
Locations: EASTERN, CHICAGO, NYC, COLUMBUS, OH, US, NORTH AMERICA, OHIO, CANADA, NEW YORK CITY, MEXICO, UNITED STATES
COLUMBUS, Ohio, May 08, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the EF Hutton Annual Global Conference at The Plaza Hotel in New York City on May 15, 2024.
Key Points:
- COLUMBUS, Ohio, May 08, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the EF Hutton Annual Global Conference at The Plaza Hotel in New York City on May 15, 2024.
- Investors interested in arranging a one-on-one meeting should contact your conference representative or the Company’s investor relations contacts listed below.
Core provides key components and solutions to blue chip customers in major industries whose products will be in demand for many years.
Key Points:
- Core provides key components and solutions to blue chip customers in major industries whose products will be in demand for many years.
- We anticipate second quarter 2024 demand levels to be similar to first quarter 2024 demand levels.
- The Company will conduct a conference call today at 10:00 a.m. Eastern Time to discuss financial and operating results for the quarter ended March 31, 2024.
- To access the call live by phone, dial (844) 881-0134 and ask for the Core Molding Technologies call at least 10 minutes prior to the start time.
COLUMBUS, Ohio, April 18, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its first quarter fiscal year 2024 results on Tuesday, May 7, 2024, before the market opens.
Key Points:
- COLUMBUS, Ohio, April 18, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its first quarter fiscal year 2024 results on Tuesday, May 7, 2024, before the market opens.
- In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern.
- Dial 1-844-881-0134 at least 10 minutes before the call and ask to join the Core Molding Technologies call.
- Connect to the webcast via the Events and Presentations page of Core Molding’s Investor Relations website at www.coremt.com/investor-relations/events-presentations/ .
COLUMBUS, Ohio, April 16, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”) announced it was presented with BRP’s Gold Supplier Award based on excellence in quality, manufacturing, and logistics related to its Sea-Doo boat and personal watercraft models.
Key Points:
- COLUMBUS, Ohio, April 16, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”) announced it was presented with BRP’s Gold Supplier Award based on excellence in quality, manufacturing, and logistics related to its Sea-Doo boat and personal watercraft models.
- BRP awards the Gold Supplier Award to suppliers that have provided excellent customer service and technical support.
- "We are excited and honored to be awarded a BRP Gold Supplier Award," said President and Chief Executive Officer Dave Duvall.
- Core Molding Technologies is proud to be a premier ‘Gold’ supplier to an innovative and progressive power sports company like BRP,” Palomaki concluded.
COLUMBUS, Ohio, March 25, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”), announced today that Eric L. Palomaki has been promoted to Chief Operating Officer (“COO”).
Key Points:
- COLUMBUS, Ohio, March 25, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”), announced today that Eric L. Palomaki has been promoted to Chief Operating Officer (“COO”).
- Mr. Palomaki brings a wealth of experience and expertise to this role, having demonstrated exceptional leadership and developing a deep understanding of our industry throughout his six-year tenure at Core Molding Technologies.
- "I am pleased to announce Eric Palomaki's promotion to Chief Operating Officer," said David Duvall, President and Chief Executive Officer.
- "I look forward to contributing to the continued success and growth of Core Molding Technologies as we embark on this next chapter together."
Retrieved on:
Wednesday, March 13, 2024
COLUMBUS, Ohio, March 13, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the upcoming 36th Annual Roth Conference on March 18-19, 2024 in Laguna Niguel, CA.
Key Points:
- COLUMBUS, Ohio, March 13, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding,” “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that David Duvall, President and CEO, and John Zimmer, EVP and CFO, will participate in the upcoming 36th Annual Roth Conference on March 18-19, 2024 in Laguna Niguel, CA.
- Investors interested in arranging a one-on-one meeting should contact your conference representative or the Company’s investor relations contacts listed below.
Gross margin of $64.5 million, or 18.0% of net sales, compared to $52.4 million or 13.9% of net sales, in the prior year.
Key Points:
- Gross margin of $64.5 million, or 18.0% of net sales, compared to $52.4 million or 13.9% of net sales, in the prior year.
- Operating income of $26.5 million, or 7.4% of net sales, versus operating income of $18.0 million, or 4.8% of net sales, in the prior year.
- Adjusted EBITDA1 of $42.3 million, or 11.8% of net sales, compared to $31.9 million, or 8.5% of net sales, in the prior year.
- To access the call live by phone, dial (844) 881-0134 and ask for the Core Molding Technologies call at least 10 minutes prior to the start time.
COLUMBUS, Ohio, March 11, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today announced that its Board of Directors authorized a stock repurchase program of up to $7,500,000 of the Company’s issued and outstanding common stock, par value $1.00 per share.
Key Points:
- COLUMBUS, Ohio, March 11, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico, today announced that its Board of Directors authorized a stock repurchase program of up to $7,500,000 of the Company’s issued and outstanding common stock, par value $1.00 per share.
- “The combination of the Company’s operational performance and the strength of the balance sheet enables the Company to allocate capital to the repurchase of Company shares while also allocating capital to the growth of the Company,” said Core Chief Executive Officer David Duvall.
- “The timing of this decision is just another step in the Company’s transformation plan that started several years ago.”
Repurchases of shares of common stock under the stock repurchase program will be made in the open market and in accordance with applicable securities laws.
- The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be suspended or terminated at any time at the Company’s discretion.
Retrieved on:
Thursday, February 15, 2024
COLUMBUS, Ohio, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its fourth quarter and fiscal year 2023 results on Tuesday, March 12, 2024, before the market opens.
Key Points:
- COLUMBUS, Ohio, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, utilities, transportation and powersports industries across North America, today announces that it will release its fourth quarter and fiscal year 2023 results on Tuesday, March 12, 2024, before the market opens.
- In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the internet the same day at 10:00am Eastern.
- Dial 1-844-881-0134 at least 10 minutes before the call and ask to join the Core Molding Technologies call.
- Connect to the webcast via the Events and Presentations page of Core Molding’s Investor Relations website at www.coremt.com/investor-relations/events-presentations/ .
Retrieved on:
Monday, November 13, 2023
COLUMBUS, Ohio, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that the Company will present at the Southwest IDEAS Investor Conference at 10:05 am CT on November 16, 2023, at The Statler Dallas, and management will also be available for 1x1 meetings that day.
Key Points:
- COLUMBUS, Ohio, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Core Molding Technologies, Inc. (NYSE American: CMT) (“Core Molding”, “Core” or the “Company”), a leading engineered materials company specializing in molded structural products, principally in building products, industrial and utilities, medium and heavy-duty truck and powersports industries across the United States, Canada and Mexico today announced that the Company will present at the Southwest IDEAS Investor Conference at 10:05 am CT on November 16, 2023, at The Statler Dallas, and management will also be available for 1x1 meetings that day.
- The presentation will be webcast and may be accessed through the conference host’s main website: https://www.threepartadvisors.com/southwest and in the investor relations section of the company's website: https://coremt.com/investor-relations/events-presentations/ .
