Mattr Corp Celebrates Inclusion in the 2024 TSX30
Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) has recently gained recognition for its impressive achievement of being named to the esteemed TSX30 list for 2024. Ranking sixteenth among the top 30 performing stocks on the Toronto Stock Exchange, Mattr has demonstrated remarkable growth, with a dividend-adjusted share price increase of an impressive 183% over the past three years. This significant rise has also led to a 166% boost in the Company's market capitalization during the same period. Notably, this marks Mattr's second consecutive year on this prestigious list.
Leadership Remarks on Mattr’s Achievement
Mike Reeves, Mattr’s President and CEO, shared his enthusiasm regarding this recognition. "We are thrilled to be acknowledged by the TSX once again in 2024,” he remarked. “Our share price performance reflects the dedication of our employees in executing our strategy and fulfilling our commitment to high-margin growth.”
Investment Strategy and Future Growth
Building on these accomplishments, Mattr has made substantial investments in 2023 and 2024 aimed at organically growing its core businesses. At the same time, the Company is actively seeking strategically aligned, accretive inorganic opportunities. This dual strategy is intended to enhance shareholder value. “We are dedicated to our ambitious growth goals and will continue to focus on actions that create value for all our stakeholders,” Reeves added.
A Closer Look at Mattr’s Operations
Mattr is recognized as a growth-focused, global materials technology company that serves essential infrastructure markets. These markets include critical sectors such as transportation, communication, water management, energy, and electrification. By operating through a network of fixed manufacturing facilities, Mattr effectively implements its business strategy.
Business Segments and Market Focus
The Company operates through two main segments: Composite Technologies and Connection Technologies. These segments play a crucial role in the responsible renewal and enhancement of vital infrastructure while mitigating associated risks. Mattr’s innovative approach positions it as a leader in delivering essential technological solutions for a sustainable future.
Contact Information
If you would like more information about Mattr, please reach out to:
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 that recognizes 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 achieved the sixteenth position, reflecting its strong performance among the leading stocks.
What is the significance of Mattr's stock performance?
The stock performance signifies strong market confidence and effective growth strategies that Mattr has implemented.
What markets does Mattr serve?
Mattr serves critical infrastructure markets such as transportation, communication, and energy, among others.
Who can I contact for more information about Mattr?
You can contact Meghan MacEachern, VP of External Communications at Mattr, via email or phone for further information.
