B/E Aerospace reports strong 3Q2014 results

B/E Aerospace revenue up 24% - financial highlights for three months ended 30-Sep-2014:

• Revenue: USD1102 million, +24.1% year-on-year;
• • Commercial aircraft: USD513.9 million, +12.5%;
• Adjusted operating profit: USD203.8 million, +26.0%;
• • Commercial aircraft: USD94.5 million, +14.7%;
• Net profit: USD102.2 million, +10.2%;
• Total assets: USD6958 million;
• Cash and cash equivalents: USD289.3 million;
• Total liabilities: USD4068 million. [more - original PR]

B/E Aerospace: "Today we reported strong third quarter 2014 operating results, exclusive of the aforementioned charges. In addition, we reported our best ever awards and orders for the nine month year-to-date period for our commercial aircraft and business jet segments. New business awards increased approximately 65 percent for the nine month period as compared with the prior year period. The vast majority of awards and orders won during the nine month year-to-date period are scheduled for delivery in the 2017/2018 period," Amin Khoury, Chairman and CEO. Source: Company statement, 22-Oct-2014.