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BBA Aviation PLC (BBA.L)

BBA.L on London Stock Exchange

335.40GBp
21 Jun 2018
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Latest Key Developments (Source: Significant Developments)

BBA Aviation Says Revenue For Jan To End Of April Grew 9.7 Pct Y-O-Y
Friday, 11 May 2018 

May 11 (Reuters) - BBA Aviation PLC ::BBA AVIATION - SIGNATURE REVENUES FOR JAN TO END OF APRIL GREW 13.9% AND ON A LIKE-FOR-LIKE BASIS (CONSTANT CURRENCY, ADJUSTING FOR HIGHER FUEL PRICES) WERE UP 5.5%.TRADING PERFORMANCE REMAINS IN LINE WITH EXPECTATIONS FOR PERIOD ENDED 30 APRIL 2018, WITH REVENUE FOR PERIOD UP 9.7% YEAR-ON YEAR.OUTLOOK FOR FULL YEAR REMAINS UNCHANGED.FOR JAN TO APRIL, AFTERMARKET SERVICES REVENUE DECLINED 0.5% AND ON A LIKE-FOR-LIKE BASIS WAS DOWN 3.8%.STRATEGIC REVIEW OF ERO, ANNOUNCED ON 1 MARCH 2018, IS ONGOING AND WE EXPECT TO UPDATE MARKET IN DUE COURSE.ERO BUSINESS HAS CONTINUED TO PERFORM WELL FOR JAN TO APRIL PERIOD WITH REVENUES FLAT COMPARED TO PRIOR YEAR.  Full Article

Ontic Signs License Agreement With Honeywell For Cockpit LCD Displays
Thursday, 29 Mar 2018 

March 29 (Reuters) - BBA Aviation Plc ::ONTIC SIGNS LICENSE AGREEMENT WITH HONEYWELL FOR COCKPIT LCD DISPLAYS ON MULTIPLE PLATFORMS.ONTIC - SIGNED LICENSE AGREEMENT WITH HONEYWELL FOR COCKPIT DISPLAYS; LICENSE COVERS 26 PRODUCT FAMILIES CONSISTING OF 162 LINE REPLACEABLE UNITS.  Full Article

BBA Aviation says revenue up 10.2 pct year-on year for ten months to Oct
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - BBA AVIATION PLC ::GROUP'S TRADING PERFORMANCE REMAINS IN LINE WITH EXPECTATIONS, WITH REVENUE UP 10.2% YEAR-ON YEAR FOR TEN MONTHS TO OCTOBER​.SAYS ‍OUTLOOK FOR FULL YEAR REMAINS UNCHANGED​.SAYS ‍"RECENT HURRICANES HARVEY, IRMA AND MARIA, CAUSED MINIMAL IMPACT OVERALL ACROSS SIGNATURE NETWORK"​.‍IN FLIGHT SUPPORT, SIGNATURE REVENUES IN TEN MONTHS TO 31 OCTOBER GREW 14.2% AND 3.8 PERCENT ON A LIKE-FOR-LIKE BASIS​.‍IN AFTERMARKET SERVICES, REVENUE IN TEN MONTHS TO 31 OCTOBER GREW 1.8% BUT ON A LIKE-FOR-LIKE BASIS DECLINED 2.8%​.  Full Article

UK's CMA says investigating Menzies deal to buy BBA unit
Tuesday, 25 Oct 2016 

UK's Competition and Markets Authority (CMA):Considering whether acquisition by Menzies Aviation Plc of Asig Holdings Limited, will result in creation of a relevant merger situation.  Full Article

BBA Aviation H1 revenue from cont ops up 15.7 pct to $1.02 bln
Tuesday, 2 Aug 2016 

Bba Aviation Plc : H1 revenue from continuing operations rose 15.7 percent to 1.021 billion usd . Says $128.9 million asig write-down resulting from reclassification as held for sal . Says h1 adjusted underlying eps up 6.4% . Says h1 continuing underlying group operating profit was $135.6 million (h1 2015: $84.2 million) . Says h1 underlying profit before tax increased to $105.5 million (h1 2015: $67.9 million). . Says remain confident in full year outlook and anticipate good further progress in 2016 . Says h1 underlying operating profit (continuing and discontinued) up 56% to $149.6 million . Says adjusted for h1 2015 one-off $5.2 million benefit of reclassification of our investment in hong kong business aviation centre .Says h1 underlying operating profit in flight support increased by 84% to $141.6 million.  Full Article

BRIEF-Ontic Signs License Agreement With Honeywell For Cockpit LCD Displays

* ONTIC SIGNS LICENSE AGREEMENT WITH HONEYWELL FOR COCKPIT LCD DISPLAYS ON MULTIPLE PLATFORMS