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B/E Aerospace 2Q2013 exceeds expectations

24-Jul-2013 10:34 AM

B/E Aerospace revenue up 11% - financial highlights:

  • Three months ended 30-Jun-2013:
    • Revenue: USD850.3 million, +10.7% year-on-year;
      • Commercial aircraft: ISD431.2 million, +9.9%;
    • Operating profit: USD158.7 million, +15.2%;
      • Commercial aircraft: USD79.7 million, +14.0%;
    • Net profit: USD92.4 million, +177%;
  • Six months ended 30-Jun-2013:
    • Revenue: USD1693 million, +11.7%;
      • Commercial aircraft: USD851.2 million, +11.0%;
    • Operating profit: USD312.3 million, +16.7%;
      • Commercial aircraft: USD153.9 million, +13.7%;
    • Net profit: USD182.3 million, +30.2%;
    • Total assets: USD5345 million;
    • Cash and cash equivalents: USD572.4 million;
    • Total liabilities: USD2996 million. [more - original PR]