Last C$0.09 CAD
Change Today -0.005 / -5.26%
Volume 23.0K
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As of 4:10 PM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

avcorp industries inc (AVP) Snapshot

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01/9/14 - C$0.20
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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 is involved in the product and tool design, parts fabrication, and assembly and repair, as well as manufacture and assembly of subassemblies and complete structures for aircraft manufacturers. The company is based in Delta, Canada. Avcorp Industries Inc. is a subsidiary of Panta Holdings B.V.

404 Employees
Last Reported Date: 05/15/14

avcorp industries inc (AVP) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$309.1K
Vice President of Finance and Corporate Secre...
Total Annual Compensation: C$204.0K
Senior Vice President of Supply Chain Managem...
Total Annual Compensation: C$183.2K
Senior Vice President of Business Development
Total Annual Compensation: C$185.0K
Vice President of Sales & Marketing
Total Annual Compensation: C$183.0K
Compensation as of Fiscal Year 2013.

avcorp industries inc (AVP) Key Developments

Avcorp Industries Inc. Appoints Mr. Peter C. George to Board of Directors Effective July 10, 2014

Avcorp Industries Inc. announced that the appointment of Mr. Peter C. George to its Board of Directors effective July 10, 2014. Mr. George has over 25 years' experience as a senior executive in the aerospace and industrial manufacturing industry in North America, the UK and Asia. Mr. George has worked closely with industry leaders including Boeing, Airbus, Northrop, Spirit, Gulfstream, Bombardier, and Cessna.

Avcorp Industries Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Avcorp Industries Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenues of CAD 17,551,000 against CAD 19,946,000 a year ago. Current quarter revenues have decreased relative to same quarter in the previous year primarily as a result of reductions in customer demand due to concerted efforts in inventory reduction and a slowdown in production rates. Operating loss was CAD 1,397,000 compared to operating income of CAD 440,000 a year ago. Loss before income tax was CAD 1,242,000 against income before income tax of CAD 108,000 a year ago. Loss and total comprehensive loss for the period was CAD 1,242,000 against income and total comprehensive income for the period of CAD 108,000 a year ago. Net cash used in operating activities was CAD 2,304,000 against CAD 1,416,000 a year ago. Purchase of equipment was CAD 390,000 against CAD 237,000 a year ago.

Avcorp Industries Inc. Receives Strategic Aerospace and Defense Initiative Contribution Agreement

Avcorp Industries Inc. announced that it has received a strategic aerospace and defense initiative contribution agreement from the government of Canada for up to USD 4.4 million to support development of advanced metal bond manufacturing processes and capabilities.


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