Logistec Corporation operates in the Marine cargo handling sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Logistec with three other
freight shipping companies in North America:
SFL Corporation Ltd
of BERMUDA
(2020
sales of 471.05 million Bermudian Dollars [US$471.05 million]
of which 100%
was ffshore related assets),
Algoma Central Corporation
(545.66 million Canadian Dollars [US$432.72 million]
of which 52%
was Domestic Dry-Bulk), and
International Seaways Inc
which is
based in UNITED STATES
($421.65 million
of which 79%
was Crude Tankers).
Sales Analysis.
Logistec reported sales of C$604.70 million (US$479.54 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 5.5%
versus 2019, when the company's sales were C$639.94 million.
Contributing to the drop in overall sales was the 10.6% decline
in Marine Services, from C$385.31 million to C$344.62 million.
.
However, these declines were partially offset by the increase in sales of
Environmental Services (up 2.1% to C$260.08 million)
.