VANCOUVER, May 15, 2015 /CNW/ - Avcorp Industries Inc. (TSX: AVP) (the "Company" or "Avcorp") today announced its financial results for the quarter ended March 31, 2015. Revenue for the quarter ended March 31, 2015 was $15,661,000 as compared to $17,551,000 for the quarter ended March 31, 2014. Revenues have decreased during the current quarter relative to the same quarter in the previous year as the timing of customer demand for certain business jet aircraft structures, and one defence program structure, manufactured by the Company which have shifted to later quarters in 2015, in part offset by strong current year aircraft component repairs revenue. The Company's production has met and...
↧