RY 169.88 -1.0542% SHOP 144.59 -0.959% TD 77.85 -0.1667% ENB 59.62 -0.5505% BN 78.53 -0.971% TRI 223.92 -0.2495% CNQ 47.03 -0.0213% CP 102.49 -0.5627% CNR 147.77 -0.8787% BMO 131.32 -0.0685% BNS 78.4 0.0255% CSU 4463.7002 0.6222% CM 90.42 0.6344% MFC 44.91 -1.3184% ATD 77.0 -0.7604% NGT 60.01 -0.4149% TRP 68.0 -2.2989% SU 56.965 -0.4282% WCN 260.14 -0.653% L 176.45 0.7135%

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Here is how Paxiom acquisition is expected to benefit ATS Corporation (TSX:ATS)

Image source: Megapixl

Highlights

ATS Corporation (TSX: ATS), headquartered in Canada, specializes in automation systems. It has a market cap of CAD 4.13bn.

In FY24, the company's revenue rose by 17.7% to CAD 3,032.8 million compared to FY23. This increase was driven by higher revenues from construction contracts and services provided. As a result of this revenue growth, the company achieved a 41.8% boost in earnings from operations, though this was somewhat offset by elevated operating expenses.

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