Vecima Networks Incorporated operates in the Nonferrous wiredrawing & insulating sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Vecima Networks Incorporated with three other
wire and cable manufacturers in North America:
Optical Cable Corporation
of UNITED STATES
(2019
sales of $71.32 million
),
Lite Access Technologies Inc
(12.19 million Canadian Dollars [US$8.43 million]
of which 85%
was Fibre optic installation), and
Insteel Industries, Inc.
which is
based in UNITED STATES
($455.71 million
of which 64%
was Welded wire reinforcement).
Sales Analysis.
Vecima Networks Incorporated reported sales of C$85.03 million (US$58.80 million)
for the
fiscal
year ending
June of 2019.
This
represents
an
increase of 8.9%
versus 2018, when the company's sales were C$78.10 million.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Vecima Networks Incorporated had sales
of C$90.71 million.
Sales of Content Delivery and Storage saw an increase
that was more than double the company's growth rate: sales were up
86.3% in 2019, from
C$22.48 million to C$41.88 million.
Not all segments of Vecima Networks Incorporated experienced an increase in sales in 2019:
sales of Video and Broadband Solution fell 25.1% to C$37.70 million.