Magellan Aerospace logo

MAL - Magellan Aerospace News Story

C$10.7 -0.0  -0.2%

Last Trade - 25/10/21

Sector
Industrials
Size
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  urn:newsml:reuters.com:*: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)
 ((sahil.shaw@thomsonreuters.com))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.