ATS' Margins in Focus as New CEO Sets Early Priorities -- Market Talk

Dow Jones
Feb 05

1151 ET - ATS' new CEO Doug Wright has been in the role only a few weeks, but Maxim Sytchev of National Bank of Canada says he's setting the company on the right track. The analyst says in a report that Wright's early priorities around "realizing full potential when it comes to margins, further diversifying and solidifying revenue streams, and converting the improving balance sheet stance into M&A were well received." Sytchev notes a "minor caveat" for 2027, with the consensus modeling "a +80 bps margin expansion," a pace that has "been lacking for a number of reasons," including mix, EV rollover and tariffs. Even so, he says that the company is well positioned thanks to its healthy Life Sciences segment, strengthening Nuclear opportunities and more resilient Consumer and Food markets. (adriano.marchese@wsj.com)

 

(END) Dow Jones Newswires

February 04, 2026 11:51 ET (16:51 GMT)

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