Magellan Aerospace Corporation operates in the Aircraft engines and engine parts sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Magellan Aerospace with three other
aircraft manufacturers in North America:
Aerovironment, Inc.
of UNITED STATES
(2020
sales of $367.30 million
of which 62%
was Small UAS),
Ducommun Incorporated
of UNITED STATES
($628.94 million
of which 62%
was Electronic Systems), and
Astronics Corporation
which is
also
based in UNITED STATES
($502.59 million
of which 83%
was Aerospace).
Sales Analysis.
During the second
quarter of 2021, sales at Magellan Aerospace totalled
C$167.64 million.
This is
an increase of 3.4%
from the C$162.17 million in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled C$343.92 million, which is
14.2% lower
than through the first two quarters of 2020.
Magellan Aerospace reported sales of C$744.41 million (US$580.21 million)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 26.7%
versus 2019, when the company's sales were C$1.02 billion.