Kinaxis Featured in TSX30 List of Canada's Top Performing Stocks over Past Three Years
OTTAWA, ON, Sep 16, 2020 /CNW/ - Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, announced today that it has been included in the TSX30, a list of Canada's top performing stocks on the Toronto Stock Exchange. Based on the qualification criteria, Kinaxis outperformed more than 500 stocks over the three years ending June 2020 to achieve the recognition. Over the period, Kinaxis stock has increased 140%.
"More so than ever, supply chains are undergoing constant disruption and Kinaxis helps companies become more agile by learning about changes sooner, acting faster and removing waste. As a result, we have been privileged to consistently develop long-term relationships with some of the best recognized brands in the world, across a wide variety of markets. I'm extremely pleased that the investment community has recognized our unique value proposition, and that we have been able to deliver such a strong return for our shareholders since going public in 2014," said John Sicard, Kinaxis CEO.
Kinaxis works with top-tier manufacturers around the world in the aerospace and defense, automotive, consumer packaged goods, high-tech, industrial, life sciences and retail industries, including L3Harris Technologies, Honda, Unilever, Technicolor, Alstom and H. Lundbeck A/S. The company recently reported Q2 results that featured 45% revenue growth and a 37% adjusted EBITDA margin1.
(1) Adjusted EBITDA" margin is a non-IFRS measure and is not a recognized, defined or a standardized measure under IFRS. This measure as well as other non-IFRS financial measures reported by Kinaxis are defined in the "Non-IFRS Measures" section of our Q2 results news release.
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SOURCE Kinaxis Inc.