Mattr Corp Celebrates Inclusion in the 2024 TSX30
Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) has made headlines for its remarkable achievement of being included in the prestigious TSX30 list for 2024. Ranking sixteenth among the top 30 performing stocks on the Toronto Stock Exchange, Mattr exemplifies substantial growth, showcasing a dividend-adjusted share price appreciation of an impressive 183% over the past three years. This remarkable increase has significantly contributed to a 166% rise in the Company's market capitalization during the same timeframe. Notably, this marks Mattr's second consecutive year on this esteemed list.
Leadership Remarks on Mattr’s Achievement
Mike Reeves, Mattr’s President and CEO, expressed his excitement about this recognition. "We are pleased to be recognized by the TSX again in 2024,” he stated. “Our share price performance is a direct reflection of the hard work of our employees to execute our strategy and deliver on our commitment to high-margin growth.”
Investment Strategy and Future Growth
In light of these achievements, Mattr has undertaken significant investments in 2023 and 2024 aimed at organically expanding its core businesses. Simultaneously, the Company is actively pursuing strategically aligned, accretive inorganic opportunities. This dual approach is designed to enhance shareholder value as well. “We remain committed to our ambitious growth objectives and will continue to prioritize actions that create value for all our stakeholders,” added Reeves.
A Closer Look at Mattr’s Operations
Mattr is recognized as a growth-oriented, global materials technology company serving essential infrastructure markets. These include critical sectors such as transportation, communication, water management, energy, and electrification. Operating through a network of fixed manufacturing facilities allows Mattr to execute its business strategy effectively.
Business Segments and Market Focus
The Company operates through two primary segments: Composite Technologies and Connection Technologies. These segments are instrumental in the responsible renewal and enhancement of critical infrastructure while lowering associated risks. Mattr’s innovative approach positions it as a leader in providing essential technological solutions for a sustainable future.
Contact Information
For those seeking further information about Mattr, please contact:
Meghan MacEachern
VP, External Communications & ESG
Telephone: 437.341.1848
Email: meghan.maceachern@mattr.com
Website: www.mattr.com
Frequently Asked Questions
What is the TSX30?
The TSX30 is a list recognizing the top 30 performing stocks on the Toronto Stock Exchange based on total return over the past three years.
How did Mattr Corp rank in the TSX30?
Mattr Corp ranked sixteenth, showcasing a commendable performance among the top stocks.
What is the significance of Mattr's stock performance?
The stock performance indicates strong market confidence and solid growth strategies implemented by Mattr.
What markets does Mattr serve?
Mattr serves critical infrastructure markets including transportation, communication, and energy, among others.
Who can I contact for more information about Mattr?
You can reach Meghan MacEachern, VP of External Communications at Mattr, via email or phone for more information.
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