BBA Group plc
BBA: H1 2006 trading statement
BBA reported that trading for the half year to June 2006 was in line with expectations.
Aviation, which now accounts for more than 75% of operating profits, is expected to make “good progress” in the current the half year compared to the same period last year. The troubled Fibreweb business is expected to report substantially lower […]
BBA: Fibreweb demerger & trading update
BBA announced that it intends to demerge its troubled Fibreweb business which it will list separately. Recent performance of Fibreweb has been poor and we have long favoured its disposal, a view that has recently been adopted by BBA’s board.
Unfortunately, by the time a decision was taken to dispose of Fibreweb, its performance had started […]
BBA: FY05 results
BBA reported flat earnings for the year to December 2005 as weaker results in its sundry businesses offset growth in the core business. Underlying operating profit from continuing operations was up just 2% to £130m (2004: £127m).
The core Aviation business reported a 9% growth in operating profits (to £94m), underlying operating margins maintained at […]
BBA: trading statement
BBA reported that its core Aviation business has seen strong trading in the year to December 2005. Sales have grown (although the company does not state by how much) and operating margins have improved. Operating profits are said to be significantly better than last year.
The company has added two new locations to its US […]
BBA: H1 2005
BBA reported a 6.4% increase in operating profits (before restructuring and one-off costs) but pre-tax profits declined due to high finance and restructuring costs in the half year to June 2005. Underlying pre tax profits were £55.6m compared to £58.9m last year.
The company said improved earnings from aviation services were offset by higher […]
BBA: Trading statement
BBA expects to report sales growth of around 10% in the first half of
2005. Profits (before goodwill impairment, restructuring costs and non-operating items) for continuing operations are expected to be flat compared to last year.
Increased profitability in the Aviation business is being offset by poor profitability in Materials Technology and reduced profitability from the Finotech […]
BBA
The BBA group has two main businesses which make something of an odd combination. The first, BBA Aviation Services provides refuelling, cargo handling, maintenance, ground handling and other services to the business and commercial aviation markets. It also overhauls jet engines and supplies engine parts. BBA Aviation Systems designs, manufactures and overhauls landing gear, aircraft […]
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