Magellan Aerospace Corporation·Industrials

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.

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.

Magellan Aerospace Co. (OTCMKTS:MALJF - Get Free Report)'s stock price rose 6.8% during trading on Tuesday. The stock traded as high as $16.37 and last traded at $16.0480. Approximately 3,067 shares were traded during trading, an increase of 6% from the average daily volume of 2,882 shares. The stock had previously closed at $15.0322.

Magellan Aerospace remains a strong buy as I raise my price target to $17.45, reflecting improved EBITDA estimates for 2027. The recent share price retreat was driven by U.S.-Canada trade turmoil and prudent profit-taking, not by operational deterioration or fundamental weakness. MALJF's margins are expected to improve, with stable capital intensity and a net cash position anticipated going forward.
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
0.28