B/E Aerospace Record First Quarter Results Exceed Expectations; Record Sales Up 22%; Record Net Earnings Up 51%; 2008 EPS Guidance Increased.
Business Wire › April 28, 2008
Linked as:
Extract
B/E Aerospace Record First Quarter Results Exceed Expectations; Record Sales Up 22%; Record Net Earnings Up 51%; 2008 EPS Guidance Increased.
WELLINGTON, Fla. -- B/E Aerospace, Inc. (NASDAQ:BEAV), the world's leading manufacturer of aircraft cabin interior products and the leading aftermarket distributor of aerospace fasteners, today announced financial results for the first quarter of 2008.
HIGHLIGHTS * Record first quarter revenues of $473.2 million reflect 22.0 percent year-over-year organic growth. * Record first quarter operating earnings of $77.4 million increased by 37.2 percent compared with the first quarter of the prior year. First quarter operating margin of 16.4 percent expanded by 190 basis points compared to the first quarter of the prior year. * Record first quarter earnings before in...See the full content of this document
Sponsored links
