Héroux-Devtek profits take off as demand for plane parts rises, supply chains sync up

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Héroux-Devtek profits take off as demand for plane parts rises, supply chains sync up
France Dernières Nouvelles,France Actualités
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The maker of aircraft landing gear notched net income of $3.97-million in the quarter ended June 30, compared with $965,000 during the same period a year earlier

Héroux-Devtek Inc. says profits shot up more than 300 per cent amid higher demand from the aviation world following a tough pandemic period for the Quebec-based company.

In its first quarter, sales of Héroux-Devtek gear and services rose 23 per cent year over year to $140.7 million from $114.1 million twelve months prior.

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France Dernières Nouvelles, France Actualités

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