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AirBoss of America Corp. reports developments across its custom rubber compounding, rubber-molded products and survivability solutions businesses. The company operates through AirBoss Rubber Solutions and AirBoss Manufactured Products, including AirBoss Defense operations that supply personal and respiratory protective equipment, technology and related products for defense, healthcare, medical and first responder markets.
Recurring news for ABSSF includes quarterly and annual results, adjusted EBITDA and balance sheet commentary, dividend declarations, annual meeting matters, board changes and defense-product orders such as Low Burden Masks, filters and accessories. Updates also discuss customer demand across automotive, defense and other industrial sectors, manufacturing footprint optimization and operating conditions affecting rubber and molded-product markets.
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AirBoss of America Corp. announced its upcoming Annual General Meeting (AGM) scheduled for May 10, 2023, at 9:00 a.m. (EDT). The Company will release its first quarter 2023 earnings results on May 9, 2023.
The AGM will be accessible via live webcast or telephone dial-in, fostering safe participation for shareholders. Shareholders are encouraged to vote in advance using the proxy or voter instruction forms by 9:00 a.m. (EDT), May 8, 2023. More details on voting are available in the management information circular.
Founded in 1989, AirBoss specializes in advanced rubber products, operating through three divisions: Defense, Rubber Solutions, and Engineered Products, primarily serving defense, healthcare, and automotive markets.
AirBoss of America Corp. (OTCQX: ABSSF) announced the filing of its 2022 audited annual consolidated financial statements with regulators in Canada and the U.S. The documents include detailed notes and a management discussion regarding the annual financials. Interested stakeholders can access these filings on the Canadian Securities Administrators' and OTCMarkets' websites, as well as on AirBoss’ Investor Centre page. Founded in 1989, AirBoss specializes in survivability solutions, advanced rubber compounds, and products across multiple sectors, including defense and automotive.
AirBoss of America Corp. (OTCQX: ABSSF) reported its Q4 and annual results for 2022, revealing a significant decline in consolidated net sales. For Q4, net sales dropped 52.8% to $117.5 million, with total annual sales down 18.7% to $477.2 million, largely due to decreased performance in the AirBoss Defense Group. Adjusted EBITDA fell 48.5% in Q4 and 43.6% for the year. Despite challenges, AirBoss declared a quarterly dividend of C$0.10. The company remains optimistic about 2023, citing potential growth in its Rubber Solutions segment and ongoing innovation in product offerings.
AirBoss of America Corp. (OTCQX: ABSSF) will release its fourth quarter and full year 2022 results on March 9, 2023, before market opening. A conference call will follow at 10:00 am ET to discuss the financial outcomes. The company operates in three divisions: AirBoss Defense Group, a leader in protective equipment; AirBoss Rubber Solutions, a custom rubber compounder; and AirBoss Engineered Products, which focuses on anti-vibration solutions for the automotive industry. Investors can join the call using the dial-in number 1-800-319-4610 or via webcast at this link.