3-Jun-2011 12:03 PM
Magellan Aerospace revenue down 4% in 1Q2011
Magellan Aerospace revenue down 4% - financial highlights for the three months ended 31-Mar-2011:
- Revenue: USD174.6 million, -4.0% year-on-year;
- Aerospace: USD158.4 million, -4.3%;
- Gross profit: USD24.3 million, +12%;
- Net profit: USD7.4 million, +90.7%. [more]
*Based on the conversion rate at CAD1 = USD1.02421