Entering text into the input field will update the search result below

CAE up 5.5% post Q4 results

May 25, 2018 2:50 PM ETCAE Inc. (CAE) Stock, CAE:CA StockCAE, CAE:CABy: Vandana Singh, SA News Editor
  • CAE (NYSE:CAE +5.5%) reports Q4 operating margin of 18.1% (C$141M), an increase of 434bps Y/Y, from 13.7% (C$100.9M).
  • Revenue by segment: Civil C$455.2M (+9% Y/Y); Defence C$290.4M (+3% Y/Y); Healthcare C$35.1M (+2.6% Y/Y).
  • Segment operating margin: Civil 21.0% (C$94.7M) up 97bps Y/Y; Defence 13.3% (C$38.7M) up 165bps Y/Y; Healthcare 19.1% (C$6.7M) increased by 710bps Y/Y.
  • CAE's annual order intake of C$3.9B and order backlog of C$7.8B.
  • ROCE of 14.4%, as compared to 11.2% last year.
  • Free cash flow from continuing operations was C$117.3M vs. C$160.4M last year.
  • The Company incurred C$57.4M as capital expenditures.
  • CAE ended the quarter with net debt of C$649.4M, with net debt to total capital ratio of 21.5%, vs. C$750.7M (26.5%) last year.
  • Management outlook for FY19: Civil expects low double-digit % operating income growth; Defence, anticipates a mid to high single-digit % operating income growth; and Healthcare to resume double-digit growth; capex of ~$200M.
  • Previously: CAE beats by C$0.05, misses on revenue (May 25)

Recommended For You

More Trending News

Related Stocks

SymbolLast Price% Chg
CAE
--
CAE:CA
--