BRS Raises Sales, Cuts Margins | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.13.24

Airborne-NextGen-05.07.24

Airborne-Unlimited-05.08.24 Airborne-FlightTraining-05.09.24

Airborne-Unlimited-05.10.24

Wed, Aug 20, 2003

BRS Raises Sales, Cuts Margins

Increase In SportPlane Market Surprising

Ballistic Recovery Systems just reported third quarter 2003 gross revenues of $1,836,535 versus $1,539,747 in the year-ago quarter, an increase of 19.3%.

Although there is a giant increase on the certified side of the business -- the nine-month period showed a 48.3% increase -- the real surprise, considering the market and the soft economy, came on the uncertified, or experimental, aircraft line.

The company's sport aviation business grew 41% from the year-ago quarter and 38% compared to the previous nine-month period.

Charge less, sell more:

Gross margin was 36.6% compared to 38.8% for the year-ago quarter. On a year-to-date basis gross margin was 37.3% compared to 38.6%. Most of the change in gross margin comes from price reductions offered to the company's largest customer, Cirrus Design of Duluth (MN).

FMI: http://brsparachutes.com/

Advertisement

More News

ANN's Daily Aero-Term (05.10.24): Takeoff Roll

Takeoff Roll The process whereby an aircraft is aligned with the runway centerline and the aircraft is moving with the intent to take off. For helicopters, this pertains to the act>[...]

Aero-News: Quote of the Day (05.10.24)

“We’re proud of the hard work that went into receiving this validation, and it will be a welcome relief to our customers in the European Union. We couldn’t be mor>[...]

Aero-News: Quote of the Day (05.11.24)

"Aircraft Spruce is pleased to announce the acquisition of the parts distribution operations of Wag-Aero. Wag-Aero was founded in the 1960’s by Dick and Bobbie Wagner in the >[...]

ANN's Daily Aero-Term (05.11.24): IDENT Feature

IDENT Feature The special feature in the Air Traffic Control Radar Beacon System (ATCRBS) equipment. It is used to immediately distinguish one displayed beacon target from other be>[...]

ANN's Daily Aero-Linx (05.11.24)

Aero Linx: Pararescue Air Force Pararescuemen, also known as PJs, are the only DoD elite combat forces specifically organized, trained, equipped, and postured to conduct full spect>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC