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Magontec Limited Company Snapshot
Magontec Limited (Magontec) is a holding company. The Company's principal activities include manufacture and sale of generic and specialist magnesium alloys; manufacture and distribution of magnesium and titanium cathodic corrosion protection products (CCP); research and development of magnesium alloys and technologies; research and development of CCP, and creating markets for magnesium alloys and technologies by supporting demonstration trials and programs for developing applications. It operates through three segments: Admin Units, which are Magontec administrative entities performing a Head Office function consisting of Magontec Limited, Advanced Magnesium Technologies Pty Limited and Varomet Holdings Limited; EUR, which are Magontec operating entities in Europe consisting of Magontec GmbH, Magontec SRL and Magontec LLC, and PRC, which are Magontec operating entities in the People's Republic of China consisting of Magontec Xian Co. Ltd. and Magontec Shanxi Co. Ltd., among others.

Sales Analysis. During the year ended December of 2017, sales at Magontec Limited were A$130.32 million (US$93.89 million). This is a very small increase of 1.7% versus 2016, when the company's sales were A$128.10 million. Despite this increase, sales are still below the level achieved in 2015, when Magontec Limited reported sales of A$139.76 million. The sales level in 2017 was fairly close to the level five years ago: in 2012, Magontec Limited had sales of A$123.21 million.
   
   
 
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Magontec Limited
  Stock Performance Chart for Magontec Limited
 
  Stock Data: Recent Stock Performance:
  Current Price (12/4/2018): .02
(Figures in Australian Dollars)
1 Week -13.0%   13 Weeks -23.1%  
4 Weeks -28.6%   52 Weeks -42.9%  
 
Magontec Limited Key Data:
  Ticker: MGL Country: Australia
  Exchanges: Major Industry: Capital Goods
    Sub Industry: Nonferrous Rolling & Drawing
  2017 Sales 130,323,000
(Year Ending Jan 2018).
Employees: 121
  Currency: Australian Dollars Market Cap: 22,801,470
  Fiscal Yr Ends: December Shares Outstanding: 1,140,073,483
  Share Type: Ordinary Closely Held Shares: 659,879,316
 
 
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