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Last C$0.07 CAD
Change Today +0.005 / 8.33%
Volume 2.0K
As of 12:02 PM 10/6/15 All times are local (Market data is delayed by at least 15 minutes).

avcorp industries inc (AVP) Snapshot

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03/12/15 - C$0.11
52 Week Low
10/15/14 - C$0.06
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Current Stock Chart for AVCORP INDUSTRIES INC (AVP)

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avcorp industries inc (AVP) Details

Avcorp Industries Inc. designs and builds airframe structures for aircraft companies in North America, Asia, and Europe. It operates as a supplier of subcontract design, fabrication, and assembly services. The company’s products include horizontal stabilizers, fuel tanks, fairings, fuselage panels, interior attendant panels, rotor-wing nose components, outboard wings, wing-tip adaptor plugs, and other bonded-metal structures. It also provides machined parts, sheet metal parts, and process-treated aluminum and composite structures. The company sells its products directly to customers. Avcorp Industries Inc. is headquartered in Delta, Canada. Avcorp Industries Inc. is a subsidiary of Panta Canada B.V.

388 Employees
Last Reported Date: 08/13/15

avcorp industries inc (AVP) Top Compensated Officers

Group Chief Executive Officer, Director and M...
Total Annual Compensation: C$103.7K
Vice President of Finance and Corporate Secre...
Total Annual Compensation: C$200.0K
Senior Vice President of Supply Chain Managem...
Total Annual Compensation: C$195.0K
Chief Executive Officer of The Delta Facility...
Total Annual Compensation: C$305.0K
President of Comtek Advanced Structures Ltd
Total Annual Compensation: C$175.6K
Compensation as of Fiscal Year 2014.

avcorp industries inc (AVP) Key Developments

Avcorp Industries Inc. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Avcorp Industries Inc. announced unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of CAD 20,369,000 as compared to CAD 21,134,000 for the quarter ended June 30, 2014. Operating loss was CAD 1,125,000 compared to CAD 472,000 for the same quarter in the preceding year. Loss and total comprehensive loss for the period was CAD 1,135,000 as compared to CAD 589,000 for the quarter ended June 30, 2014. Cash flows used in operating activities was CAD 2,580,000 cash flows from operating activities compared to CAD 103,000 for the quarter ended June 30, 2014. Loss before tax was CAD 1,135,000 as compared to CAD 589,000 a year ago. Purchase of equipment was CAD 147,000 as compared to CAD 147,000 a year ago. For the six months, the company reported revenues of CAD 36,030,000 as compared to CAD 38,685,000 a year ago. Operating loss was CAD 3,797,000 as compared to CAD 1,869,000 a year ago. Loss before income tax was CAD 3,896,000 as compared to CAD 1,831,000 a year ago. Loss and total comprehensive loss for the period was CAD 3,896,000 as compared to CAD 1,831,000 a year ago. Basic and diluted per share was CAD 0.01 as compared to CAD 0.01 a year ago. Net cash from used in operating activities was CAD 7,171,000 as compared to CAD 2,051,000 a year ago. Purchase of equipment was CAD 788,000 as compared to CAD 790,000 a year ago.

Avcorp Industries Inc. Announces Executive Changes

Avcorp Industries Inc. announced the appointment of Mark van Rooij as Interim Executive Operations leader for acquisitions. Effective immediately, Mark will take on a key role as the leader to evaluate the operational aspects of potential acquisitions. Mark will be responsible for the analysis, performance assessments and recommendations for optimization of acquisition targets. In connection with the appointment, Mark will temporarily reduce his role as CEO of the Delta facility. Mark will continue to report to Peter George, the Avcorp Group CEO. In addition, the company announced the interim appointment of Amandeep Kaler as Interim General Manager of Avcorp Delta, reporting to Pete George, and having overall responsibility for the day-to-day operation of that facility. Amandeep's broad experience at Avcorp Delta and his strong commitment to leadership excellence will ensure the performance improvement plans for Delta site will continue to progress as planned.

Avcorp Industries Inc. to Report Q2, 2015 Results on Aug 14, 2015

Avcorp Industries Inc. announced that they will report Q2, 2015 results on Aug 14, 2015


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