Mattr Included in 2023 TSX30
12 September 2023 - 9:30PM
Shawcor Ltd., dba Mattr Infratech (“Mattr” or the “Company”) (TSX:
MATR) announced today that it has been included in the TSX30 for
2023. The Company ranked seventh on the list of top 30 performing
stocks on the Toronto Stock Exchange, with a dividend-adjusted
share price appreciation of 607% over the course of the last 3
years, which correlates to a 599% increase, or $1.14 billion
increase in market capitalization over the same time period.
"We are honored to be recognized by the TSX.
Accomplishing this important milestone was made possible by the
hard work and dedication of our employees around the world, who are
successfully executing Mattr’s portfolio simplification strategy
while simultaneously driving high-margin growth,” said Mike Reeves,
Mattr’s President and CEO. “As a result, Mattr now operates a
tightly focused portfolio of high-quality, materials-based product
businesses, each with significant growth potential. We remain
steadfast in our commitment to create continued value for all
stakeholders by enabling critical infrastructure renewal and
expansion around the globe.”
About MattrMattr is a
growth-oriented, global materials technology company broadly
serving critical infrastructure markets, including electrification,
transportation, communication, water management and
energy. Its two business segments, Composite Technologies and
Connection Technologies, operate a global network of manufacturing
and technology centers, delivering differentiated, high-value
products which enable responsible renewal and enhancement of
critical infrastructure while lowering risk and environmental
impact.
For further information, please contact:
Meghan MacEachernDirector, External Communications & ESG
Telephone: 437.341.1848Email: meghan.maceachern@mattr.comWebsite:
www.mattr.com
Forward Looking Information
This news release contains forward-looking
information within the meaning of applicable securities laws. Words
such as "may", "will", "should", "anticipate", "plan", "expect",
"believe", "predict", "estimate" or similar terminology are used to
identify forward-looking information. This forward-looking
information is based on assumptions, estimates and analysis made in
the light of the Company's experience and its perception of trends,
current conditions and expected developments, as well as other
factors that are believed by the Company to be reasonable and
relevant in the circumstances. Forward-looking information involves
known and unknown risks, uncertainties and other factors which may
cause actual results, performance or achievements to be materially
different from those predicted, expressed or implied by the
forward-looking information. The forward-looking information is
provided as of the date of this news release and the Company does
not assume any obligation to update or revise the forward-looking
information to reflect new events or circumstances, except as
required by law.
Source: Shawcor Ltd., dba Mattr Infratech
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