)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Héroux-Devtek
Héroux-Devtek (HRX) investor relations material
Héroux-Devtek has been acquired
Héroux-Devtek Q1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2025 earnings summary6 Aug, 2024
Executive summary
Sales rose 23.7% year-over-year to $174.0 million, driven by both defence and civil segment growth.
Operating income increased to $19.4 million from $7.5 million, reflecting higher volumes and improved margins.
Net income reached $12.5 million, or $0.37 per diluted share, up from $4.0 million, or $0.12 per share, last year.
Entered into a definitive agreement to be acquired by Platinum Equity for $32.50 per share, valuing the company at $1.35 billion.
Financial highlights
Adjusted EBITDA increased 80.7% to $29.6 million, or 17.0% of sales, from $16.4 million, or 11.6% of sales, year-over-year.
Gross profit rose to $35.6 million (20.5% of sales) from $20.1 million (14.3% of sales) last year.
Cash flows from operating activities improved to $9.9 million from a usage of $12.2 million in the prior year.
Outlook and guidance
Transaction with Platinum Equity expected to close before fiscal year-end, pending shareholder, court, and regulatory approvals.
Forward-looking statements highlight expectations for continued sales volume and profitability growth, subject to risks.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Héroux-Devtek
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
Héroux-Devtek Inc. designs, develops, manufactures, and repairs aerospace and industrial products, with a primary focus on landing gear systems for commercial and military aircraft. The company also provides aftermarket services for its products. It is headquartered in Longueuil, Canada, and its shares are listed on the TSX.