KELOWNA,
BC, March 6, 2025 /CNW/ - Decisive Dividend
Corporation (TSXV: DE) (the "Corporation" or
"Decisive") today provided an update on recent operational
activities as follows:
- As messaged in the Corporation's Q3 2024 earnings release, Q4
2024 operating performance will be sequentially stronger than Q3
2024. In fact, with improved performance across Decisive's
diversified portfolio of manufacturing businesses, Q4 2024
operating performance will also be slightly stronger than the
comparative quarter of Q4 2023, which was previously Decisive's
strongest Q4 performance to date.
- This operational momentum is expected to continue into Q1 2025
based on overall enhanced order activity and higher backlogs
relative to the first two months of 2024, and commencement of work
under Northside's new contract
with a new commercial vehicle customer in mid-February 2025.
- The work done to position Decisive and its subsidiaries
for improved performance in 2025 has been somewhat overshadowed by
the significant uncertainty surrounding U.S. tariffs on Canadian
goods. While Decisive and its subsidiaries will be impacted if
significant long-term blanket tariffs are imposed on Canadian goods
with respect to its U.S. destined sales, which accounted for 48% of
2024 sales, there are factors that should mitigate or insulate
certain subsidiaries from the impact of tariffs, and subsidiary
management teams have been assessing strategies and exploring
numerous alternatives to minimize the impact of tariffs as
follows:
- Certain subsidiaries have contracts with customers that have
pricing mechanisms to mitigate the impact of tariffs, and a large
percentage of Decisive's overall U.S. destined sales fall into this
category.
- Decisive has a history of managing U.S. tariffs that have been
in place for several years now through its Unicast subsidiary
and has employed strategies that have considerably lowered the
impact of tariffs on Unicast's margins.
- Blaze King has manufacturing capabilities in the U.S. already
and, as part of the expansion plans of various subsidiaries,
management has been exploring alternatives for expanding
manufacturing and distribution capacity in the U.S. for other
portfolio businesses as well.
- Overall, it will take time for U.S. customers to reposition
their supply chains in response to tariffs, if they can even do so.
Decisive's subsidiaries produce, in many cases, proprietary,
specialized and/or industry leading products using advanced and
proven production methods which are not easily replicated without
considerable time, effort and investment.
- If significant long-term blanket tariffs are imposed, the
general consensus is that the value of the Canadian dollar could
further depreciate relative to the U.S. dollar, which would
insulate the impact of tariffs on margins on Decisive's U.S. dollar
sales.
- The Corporation's strong acquisition pipeline continues to grow
and Decisive will continue to selectively pursue acquisitions.
The Corporation also announced today that it will host a
conference call for interested parties on Wednesday, March 19, 2025, at 8:00am Pacific Time (11:00am Eastern Time) to discuss the
Corporation's Q4 and year end 2024 results. The call will be hosted
by Jeff Schellenberg, Decisive's
Chief Executive Officer and Rick
Torriero, Chief Financial Officer.
Decisive intends to release its financial results for the
fourth quarter and year ended December 31,
2024, after market close on Tuesday,
March 18, 2025. The results will be available on SEDAR+ at
www.sedarplus.ca and on Decisive's website
(www.decisivedividend.com) after dissemination has taken place over
the news wire service.
Details for those who wish to participate in this conference
call are as follows:
Conference Call Details:
Wednesday, March 19, 2025, at
8:00am Pacific Time / 11:00am Eastern Time
(please call 10 minutes ahead of time)
Participant Information:
To join the conference call without operator assistance, you may
register and enter your phone number at
https://emportal.ink/4i9qFGk to receive an instant automated
call back.
You can also dial direct to be entered into the call by an
operator:
Dial in number – North America
(toll free): 1-888-510-2154
Dial in number – United Kingdom
(toll free): 0800 279 7040
Dial in number – International: +1-437-900-0527
Replay Information (replay available until March 26, 2025):
Replay number – North America
(toll free): 1-888-660-6345
Replay number – International: +1-289-819-1450
Replay access code 55699#
About Decisive Dividend Corporation
Decisive Dividend Corporation is an acquisition-oriented
company, focused on opportunities in manufacturing. The
Corporation's purpose is to be the sought-out choice for exiting
legacy-minded business owners, while supporting the long-term
success of the businesses acquired, and through that, creating
sustainable and growing shareholder returns. The Corporation uses a
disciplined acquisition strategy to identify already profitable,
well-established, high quality manufacturing companies that
have a sustainable competitive advantage, a focus on
non-discretionary products, steady cash flows, growth potential and
established, strong leadership.
For more information on Decisive, or to sign up for email
notifications of Corporation press releases, please visit
www.decisivedividend.com.
Cautionary Statements
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of the contents of this News Release.
Forward-Looking
Statements
Certain statements contained in this press release constitute
forward-looking information. These statements relate to future
events or future performance. The use of any of the words
"believes", "expects", "could", "will", "may", "intends",
"projects", "anticipates", "plans", "estimates", "continues" and
similar words or the negative and grammatical variations thereof
and statements relating to matters that are not historical facts
are intended to identify forward-looking information and are based
on management's current beliefs, assumptions and expectations as to
the outcome and timing of such future events. Actual future results
may differ materially. In particular, this press release contains
forward-looking information relating to the future prospects
of the Corporation and its operating subsidiaries, improved 2025
performance, the potential impact to the Corporation and its
operating subsidiaries of the imposition of tariffs on Canadian
goods and other non-tariff trade barriers, including their ability
to minimize the impact of such tariffs, their insulation from such
tariffs, their resilience to global trade uncertainties relating to
such tariffs, U.S. customers' response to such tariffs and the
positive impact of a stronger U.S. dollar, and potential future
acquisitions. Risk factors that could cause actual results
or outcomes to differ materially from the results expressed or
implied by forward-looking information include, among other things:
(i) operational risks, including risks related to acquisitions;
dependence on customers, distributors and strategic relationships;
supply and cost of raw materials and purchased parts; operational
performance and growth, implementation of the growth strategy;
product liability and warranty claims; litigation; reliance on
technology, intellectual property, and information systems; (ii)
financial risks, including risks relating to the availability of
future financing; interest rates and debt financing; income tax
matters; foreign exchange; dividends; trading volatility of common
shares; dilution risk; (iii) external risks, including risks
relating to general economic conditions; pandemics; competition;
government regulation; environmental regulation; access to capital;
market trends and innovation; climate risk; general uninsured
losses; and (iv) human capital risks, including reliance on
management and key personnel; employee and labour relations; and
conflicts of interest, all as more particularly described in the
most recent annual management's discussion and analysis of the
Corporation available on the Corporation's profile at
www.sedarplus.ca. The Corporation cautions the reader that the risk
factors referenced above are not exhaustive. The forward-looking
information contained in this release is made as of the date hereof
and the Corporation is not obligated to update or revise any
forward-looking information, whether as a result of new
information, future events or otherwise, except as required by
applicable securities laws. Because of the risks, uncertainties and
assumptions contained herein, investors should not place undue
reliance on forward-looking information. The foregoing statements
expressly qualify any forward-looking information contained
herein.
SOURCE Decisive Dividend Corporation
