Magellan Aerospace Corporation·Industrials

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the first quarter of 2026. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows: Three month period ended March 31 Expressed in thousands of Canadian dollars, except per share amounts 2026 2025 Change Revenues 285,102 260,898 9.3% Gross Profit 40,613 33,732 20.4% Net Income 16,.

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 (five cents) per share on the Corporation's common shares. The Board of Directors of the Corporation continues to review its dividends on a quarterly basis for more visibility of recovery, and ensure that the dividend declared balances the return of capital to shareholders while maintaining adequate financial flexibili.

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the “Meeting”) the proposed nominees for directors of the Corporation received the following votes: Name of Proposed Nominee Votes For Percentage of Votes For Votes Withheld Percentage of Votes Withheld N. Murray Edwards 48,084,585 98.17% 896,304 1.83% Phillip C. Underwood 48,550,861 99.12% 430,028 0.88% Beth M. Budd Bandler 47,.

Magellan Aerospace Corporation (MAL:CA) Shareholder/Analyst Call Prepared Remarks Transcript

Magellan Aerospace remains a strong buy, with the stock up 168% since initial coverage and still undervalued versus peers. MAL:CA delivered 11% revenue growth and expanded adjusted EBITDA margin to 11.2%, driven by higher casting and engine part revenues. EBITDA is projected to grow 16.5% annually, with free cash flow potentially increasing 45% annually and a net cash position expected by 2027.

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the fourth quarter of 2025. All amounts are expressed in Canadian dollars unless otherwise indicated. The results are summarized as follows: Three month period ended December 31 Twelve month period ended December 31 Expressed in thousands of Canadian dollars, except per share amounts 2025 2024 Change 2025 2024 Change Revenues 278,325 240,704 15.6% 1,044,682 942,368.
Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, manufactures, and sells aero engine and structure components for the aerospace markets in Canada, the United States, Europe, and Asia. It offers aero engine products, such as engine frames, cases, bypass ducts, engine shafts, engine processes, engine materials, metallic honeycomb, filament winding, compressor components, turbine components, and afterburner components, as well as small and large wing components, landing gear, horizontal and vertical stabilizers, and nacelle exhaust systems. The company also provides crown modules, vane box and transition ducts, wing spars, wing ribs, wing skins, access covers, and kitting solutions; black brant, rato booster motors, as well as rocket weapon system comprises of fixed wing variant, and rotary wing platforms. In addition, the company offers avionics, machined metal seals, rocket engine mount, and cast products, as well as newspace, and satellite support services. Further, the company provides 3D sand printing, metal pouring, solidification modeling, automated pouring and finishing, digital radiography, and 3D scanning products. Additionally, the company offers maintenance, repair, and overhaul for various engine and components, as well as lifecycle management services to logistics, fleet management, and engineering services. Furthermore, it provides wire strike protection system services. Magellan Aerospace Corporation was incorporated in 1996 and is headquartered in Mississauga, Canada.
Industrials
Aerospace & Defense
3,815
2008-05-27
0.33