Toromont Industries Ltd. (OTCPK:TMTNF) Q2 2025 Earnings Conference Call July 30, 2025 8:00 AM ET Company Participants John Marshall Doolittle - Executive VP & CFO Michael Stanley Howie McMillan - CEO, President & Director Conference Call Participants Cherilyn Radbourne - TD Cowen, Research Division Devin Dodge - BMO Capital Markets Equity Research Jonathan Goldman - Scotiabank Global Banking and Markets, Research Division Krista Friesen - CIBC Capital Markets, Research Division Maxim Sytchev - National Bank Financial, Inc., Research Division Sabahat Khan - RBC Capital Markets, Research Division Steven P.
Toromont Industries Ltd. (OTCPK:TMTNF) Q1 2025 Earnings Conference Call May 1, 2025 8:00 AM ET Company Participants John Doolittle – Executive Vice President and Chief Financial Officer Mike McMillan – President and Chief Executive Officer Conference Call Participants Cherilyn Radbourne – TD Cowen Krista Friesen – CIBC Yuri Lynk – Canaccord Genuity Davis Baynton – BMO Capital Markets Steve Hansen – Raymond James Maxim Sytchev – National Bank Financial Jonathan Goldman – Scotiabank Operator Good morning.
Toromont leverages its position as the exclusive Caterpillar dealership in Eastern Canada to drive earnings growth, supported by strong demand in the public infrastructure and mining sectors. TIH boasts 36 years of consistent dividend growth, a low payout ratio, and a robust share buyback program, enhancing shareholder value. Toromont's diversified revenue from parts and services, along with geographic diversification, mitigates risks from cyclicality and trade uncertainties.
Toromont Industries Ltd. (OTCPK:TMTNF) Q4 2024 Earnings Conference Call February 12, 2025 8:00 AM ET Company Participants John Doolittle - EVP & CFO Mike McMillan - President & CEO Conference Call Participants Devin Dodge - BMO Capital Markets Patrick Sullivan - TD Cowen Yuri Lynk - Canaccord Genuity Jonathan Goldman - Scotiabank Krista Friesen - CIBC Steve Hansen - Raymond James Maxim Sytchev - National Bank Financial Operator Good morning.
Toromont's Q3 '24 results were mixed, with a 14% revenue increase to $1.34 billion but a 10-cent EPS miss due to margin pressures. Equipment Group saw a 14% sales increase, driven by new equipment sales, but faced margin declines; CIMCO's revenue grew 17%, with slight margin expansion. Key highlights include the Tri-City Equipment Rentals acquisition and a 118% increase in mining-related equipment revenues, signaling sector recovery.
Toromont Industries Ltd. (OTCPK:TMTNF) Q3 2024 Earnings Conference Call November 5, 2024 8:00 AM ET Company Participants John Doolittle - Executive Vice President & Chief Financial Officer Mike McMillan - President & Chief Executive Officer Conference Call Participants Yuri Lynk - Canaccord Genuity Sabahat Khan - RBC Capital Markets Cherilyn Radbourne - TD Cowen Steve Hansen - Raymond James Devin Dodge - BMO Capital Markets Maxim Sytchev - National Bank Financial Jonathan Goldman - Scotiabank Operator Good morning.