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MAL - Magellan Aerospace News Story

C$10.7 -0.0  -0.2%

Last Trade - 25/10/21

Mid Cap
Market Cap £366.3m
Enterprise Value £384.8m
Revenue £403.1m
Position in Universe 394th / 2701

BUZZ-Magellan Aerospace: Rises on Airbus contract extension

Mon 21st June, 2021 3:21pm
** Aerospace co's shares  MAL.TO  up 2.7% at C$10.50 in
early trading
    ** Co announces a contract extension between Magellan
Aerospace (UK) Ltd and Airbus SAS for supply of aluminum and
titanium structural wing components from Magellan UK's
facilities located throughout Europe and India*:nBwbDV4fya
    ** The contract renewal comprises precision machined details
and assemblies for use on the A320 and A330 aircraft
    ** Stock ~20.3% YTD

 (Reporting by Sahil Shaw in Bengaluru)
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