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Worthington Enterprises Completes Acquisition of Hexagon Ragasco
GlobeNewswire News Room· 2024-06-03 10:09
COLUMBUS, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises (NYSE: WOR), a designer and manufacturer of market-leading brands that enable people to live safer, healthier and more expressive lives, today announced the closing of its planned acquisition of Hexagon Ragasco. The business is a global leader in lightweight, customizable LPG composite cylinders used for leisure, household and industrial applications.  Andy Rose, president and CEO, Worthington Enterprises, said, “We are excited to wel ...
Hexagon Composites announces sale of Hexagon Ragasco to Worthington Enterprises and acquisition of 49% of Worthington Enterprises' Sustainable Energy Solutions business segment
Prnewswire· 2024-05-29 15:15
OSLO, Norway, May 29, 2024 /PRNewswire/ -- Hexagon Composites ASA (OSE: HEX.OL), announces the signing of two definitive agreements with Worthington Enterprises (NYSE: WOR). Sale of Hexagon RagascoWorthington Enterprises will acquire 100% of Hexagon Ragasco at an enterprise value of NOK 1,050 million. Depending on the full year 2024 performance of Hexagon Ragasco, the value may be adjusted between minus NOK 50 million to plus NOK 100 million.  Hexagon Ragasco is the market leader in LPG composite cylinders ...
Worthington Enterprises Announces Planned Acquisition of Hexagon Ragasco and Sustainable Energy Solutions Joint Venture with Hexagon Composites
Newsfilter· 2024-05-29 14:56
COLUMBUS, Ohio, May 29, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises (NYSE:WOR), a designer and manufacturer of market-leading brands that enable people to live safer, healthier and more expressive lives, today announced the signing of two definitive agreements with Hexagon Composites ASA (OSE: HEX.OL) of Norway. One agreement is to acquire 100 percent of Hexagon Ragasco and a second agreement is to sell 49 percent of Worthington's Sustainability Energy Solutions (SES) business segment to Hexagon Compos ...
Worthington Industries(WOR) - 2024 Q3 - Quarterly Report
2024-04-09 20:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-08399 WORTHINGTON ENTERPRISES, INC. (Exact name of registrant as specified in its charter) Ohio 31-11 ...
Worthington Industries(WOR) - 2024 Q3 - Quarterly Results
2024-03-25 20:16
EXHIBIT 99.1 Worthington Enterprises Reports Third Quarter Fiscal 2024 Results COLUMBUS, Ohio, March 20, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE: WOR) reported net sales of $316.8 million and net earnings from continuing operations of $22.0 million, or $0.44 per diluted share, for its fiscal 2024 third quarter ended February 29, 2024. This compares to net sales of $346.3 million and net earnings from continuing operations of $29.8 million, or $0.60 per diluted share, in the third quarte ...
Worthington Industries(WOR) - 2024 Q3 - Earnings Call Transcript
2024-03-21 14:41
Worthington Enterprises, Inc. (NYSE:WOR) Q3 2024 Earnings Conference Call March 21, 2024 8:30 AM ET Company Participants Marcus Rogier - Treasurer & IRO Andy Rose - President & CEO Joseph Hayek - CFO & COO Conference Call Participants Daniel Moore - CJS Securities Susan Maklari - Goldman Sachs Brian Biros - Thompson Research Group Brian McNamara - Canaccord Genuity Operator Hello, and welcome to the Worthington Enterprises Third Quarter Fiscal 2024 Earnings Conference Call. All participants will be in a lis ...
Worthington Enterprises Declares Quarterly Dividend
Newsfilter· 2024-03-20 17:15
COLUMBUS, Ohio, March 20, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE:WOR) Board of Directors today declared a quarterly dividend of $0.16 per share. The dividend is payable on June 28, 2024, to shareholders of record on June 14, 2024. The Company has paid a quarterly dividend since its initial public offering in 1968. Worthington Enterprises, a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, will hold its qu ...
Worthington Enterprises Schedules Third Quarter 2024 Earnings Call for March 21
Newsfilter· 2024-03-05 13:30
COLUMBUS, Ohio, March 05, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) will hold its quarterly earnings conference call Thursday, March 21 at 8:30 a.m. ET. The Company will discuss its fiscal third quarter results, which will be released after the market closes on March 20. Please click here to register for the March 21 live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the Company's website ...
Worthington Enterprises (WOR) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-03-05 00:01
Worthington Enterprises (WOR) ended the recent trading session at $62.48, demonstrating a -0.86% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.12%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 0.41%.Prior to today's trading, shares of the metal manufacturer had gained 7.25% over the past month. This has outpaced the Conglomerates sector's gain of 6.45% and the S&P 500's gain of 4.83% in ...
Investors Heavily Search Worthington Enterprises, Inc. (WOR): Here is What You Need to Know
Zacks Investment Research· 2024-02-23 15:06
Worthington Enterprises (WOR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this metal manufacturer have returned +11.6% over the past month versus the Zacks S&P 500 composite's +5% change. The Zacks Diversified Operations industry, to which Worthington Enterprises belongs, has gained 5.9% over this period. Now the key question is: Where could the stock be headed in the nea ...