Héroux-Devtek Inc.

10:33 AM EST - Héroux-Devtek Inc. : Today reported its results for the third quarter of fiscal 2019 ended December 31, 2018. Sales increased 49.0% to $144.5 million compared to last year, driven by the CESA and Beaver acquisitions and strong internal growth. Operating income increased 79.6% to $11.9 million, or 8.2% of sales, compared with $6.6 million, or 6.8%. Adjusted EBITDA also improved reaching $22.9 million, or 15.8% of sales, compared to $13.6 million or 14.0%. Héroux-Devtek Inc. shares T.HRX are trading up $1.52 at $14.25.