ST Engineering - Aerospace: Results For The Quarter Ended 30 June 2014

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Aerospace: Results For The Quarter Ended 30 June 2014

Details on how the business of the Sector is managed and its related performance are set out below. This information is given on a voluntary basis and from the perspective of the Sector management, as its disclosure is not required by law or regulation.

Aerospace
“Comparable EBIT”

FINANCIAL HIGHLIGHTS for the second quarter ended 30 June 2014

 

2014

2Q

2013

2Q

Growth%

Revenue ($m)

539

508

6

Earnings before interest and tax (EBIT) ($m)

69.2

71.9

(4)

Other income, net ($m)

1.5

1.2

25

Finance income/(costs), net ($m)

(4.1)

(1.6)

(160)

Profit before tax (PBT) ($m)

72.9

80.3

(9)

Profit attributable to shareholders ($m)

55.4

65.4

(15)

  •  Economic Value Added for the first half of 2014 was $82.0 million

 

“The Sector continues to invest in new products and service offerings such as VIP completions,

A330P2F as well as Boeing 787 component support.”

Lim Serh Ghee, COO

 

Aerospace 2Q2014 Unaudited Results

N.B.: All currencies are in Singapore dollars.

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