03-Mar-2010 12:22 PM

Meggitt hit by lower civil demand in 2009, forecasts rebound for 2H2010 - Suppliers Share Wrap

Analysis

UK aerospace and defence supplier, Meggitt, reported a 1% drop in revenue in 2009 and a 3% cut in operating profit for the year, as increased military sales and better currency exchange effects offset the downturn in the company's civil aerospace markets.

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Meggitt hit by lower civil demand in 2009, forecasts rebound for 2H2010 - Suppliers Share Wrap

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