Welcome to our dedicated page for Helios Technologies news (Ticker: HLIO), a resource for investors and traders seeking the latest updates and insights on Helios Technologies stock.
Helios Technologies Inc (HLIO) is a global leader in engineered solutions for hydraulics and electronics, serving industrial, mobile, and marine markets. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, product innovations, and strategic initiatives.
Access comprehensive coverage of HLIO's press releases, including earnings reports, technology advancements, and partnership announcements. The curated collection ensures stakeholders stay informed about operational milestones and market positioning within the fluid power and electronic controls sectors.
Key focus areas include hydraulic system innovations, electronic control solutions, and global expansion efforts. Content is organized to highlight critical updates while maintaining technical accuracy and regulatory compliance across all materials.
Bookmark this page for direct access to verified HLIO news sources, or check back regularly for the latest developments impacting the company's performance in industrial technology markets worldwide.
Helios Technologies (NASDAQ: HLIO) has declared a quarterly cash dividend of $0.09 per common share, marking its ongoing commitment to returning value to shareholders. This dividend will be payable on October 20, 2021, to stockholders of record as of October 5, 2021. Helios has consistently paid dividends since 1997, demonstrating its stable financial performance and shareholder confidence.
Helios Technologies (NASDAQ: HLIO) supports the "CLAMpaign for Clean Water" by Sarasota Bay Watch, aiming to raise $100,000 to add one million clams to Sarasota Bay. The initiative has already placed over 750,000 clams to restore ecosystems and improve water quality. Helios will match donations up to $10,000 from other contributors. This campaign exemplifies the company’s commitment to social and environmental causes. The Southern hardshell clams can filter six gallons of water daily and are resilient to conditions like red tide.
Helios Technologies (NASDAQ: HLIO), a leader in engineered motion control and electronic controls technology, will present at the Morgan Stanley Virtual 9th Annual Laguna Conference on September 15, 2021, at 2:15 p.m. Eastern Time. The session features CEO Josef Matosevic, CFO Tricia Fulton, and VP Tania Almond. A live audio webcast will be available on the Investor Relations page. Helios is committed to market leadership and innovation across various sectors, having consistently paid dividends since its IPO in 1997.
Helios Technologies (Nasdaq: HLIO) has appointed Jean-Pierre "JP" Parent as the Senior Vice President and Managing Director of Balboa Water Group, effective August 20, 2021. Parent, who joined Helios in November 2020 as Executive Vice President of Global Sales, brings over 35 years of managerial experience, focusing on strategic business planning and innovation. CEO Josef Matosevic expressed confidence in Parent's ability to propel the company's Electronics segment forward, reinforcing Helios's commitment to leveraging internal talent while pursuing growth in niche markets.
Helios Technologies, a leader in motion and electronic controls, reported strong second-quarter results for 2021, with net sales of $223.4 million, an 87% increase year-over-year. Gross profit rose 84% to $82.2 million, resulting in a gross margin of 36.8%. The company achieved a net income of $30.7 million, or $0.95 per diluted share, up 138%. Helios aims for $1 billion in revenue by 2023, two years ahead of schedule. The successful acquisition of NEM enhances their hydraulics product line, positioning the company favorably amid supply chain challenges.
Helios Technologies (HLIO) will announce its second quarter 2021 financial results on August 9, 2021, post-market. The CEO, Josef Matosevic, and CFO, Tricia Fulton, will hold a conference call on August 10 at 9:00 a.m. ET to discuss financial outcomes and future strategies. Helios Technologies focuses on engineered motion control and electronic controls for diverse markets, maintaining a strong commitment to innovation and customer service in over 85 countries. The company has consistently paid quarterly dividends since its public offering in 1997.
Helios Technologies (NASDAQ: HLIO) has successfully completed the acquisition of NEM S.r.l., an innovative hydraulic solutions provider. This acquisition, initially announced on June 14, 2021, enhances Helios's electro-hydraulic product offerings and facilitates geographic expansion. NEM's expertise in Cartridge Valve Technology (CVT) is expected to boost Helios's OEM business globally. The acquisition aligns with Helios's strategy for growth through targeted acquisitions and innovative product development.
Helios Technologies (Nasdaq: HLIO) hosted a hybrid investor day, revealing an accelerated growth strategy. CEO Josef Matosevic highlighted plans to achieve $1 billion in revenue by the end of 2023, two years ahead of schedule, alongside an expected adjusted EBITDA margin of approximately 25%. The company aims for organic sales growth at twice the market rate and a 22% CAGR for cash earnings per share. Key strategic pillars include protecting the business, global market initiatives, revenue diversification, and talent development.
Helios Technologies (Nasdaq: HLIO) has signed an agreement to acquire NEM S.r.l., a hydraulic solutions firm based in Italy. This acquisition is designed to enhance Helios's capabilities in Cartridge Valve Technology (CVT) and expand its geographic reach in electro-hydraulics, particularly in Europe. CEO Josef Matosevic emphasized the strategic importance of this deal for driving growth and creating shareholder value. The transaction is expected to close in Q3 2021, pending customary conditions, though financial terms remain undisclosed.
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