BE Aerospace Inc. said Tuesday that second-quarter profit rose 30 percent on stronger demand for new aircraft, but the maker of cabin interiors for airliners predicted lower-than-expected full-year earnings. Continue reading
Tag Archives: profit-rose
UPDATE 1-Nanotechnology business boosts Oxford Instruments' profit
* FY adj profit 42 mln stg vs 26.2 mln last year * Rev up 29 pct to 337.3 mln stg * Raises final div 12 pct to 7.23 pence June 12 – High (Euronext: HCO.NX – news) -technology tools maker Oxford Instruments Plc said its full-year adjusted profit rose 60 percent on strong performance across its nanotechnology, industrial and services business. The company said revenue from its nanotechnology business, which represents 44 percent of total revenue, rose 26 percent to 154 million pounds ($238.87 million). Revenue from industrial products rose 28.5 percent to 129.1 million pounds while services business sales grew 32.5 percent to 56.3 million pounds Continue reading
Nanotechnology business boosts Oxford Instruments' profit
June 12 – High-technology tools maker Oxford Instruments Plc said its full-year adjusted profit rose 60 percent on strong performance across its nanotechnology, industrial and services business. The company said revenue from its nanotechnology business, which represents 44 percent of total revenue, rose 26 percent to 154 million pounds ($238.87 million). Revenue from industrial products rose 28 … Continue reading