B/E Aerospace, Inc. (Nasdaq:BEAV), the world�s leading manufacturer of aircraft cabin interior products and a leading aftermarket distributor of aerospace fasteners, today announced that it will host an analysts meeting at its Distribution Segment headquarters in Miami, FL on March 23, 2007. Separately, the company announced that it is raising its full year 2007 financial guidance to approximately $1.45 to $1.47 per diluted share. Mr. Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace, Inc., commented, �The first quarter of 2007 is tracking well ahead of both our internal plan and consensus estimates, and is being driven by outperformance in all five of our segments. We expect to report record quarterly revenues, earnings and backlog during the first quarter, and we expect first quarter earnings per share to be above consensus forecast. As a result, we are raising full year 2007 financial guidance by approximately $0.05 per share.� Mr. Khoury continued, �Most major airlines are either in the process of, or are making plans to upgrade the cabin interiors of their fleets of twin-aisle aircraft. Order activity in the first quarter continues to be very strong. The recent announcement of $250 million of awards by two major international airlines for both interior retrofit programs and interior programs for their new buy aircraft is indicative of this strength. These recent awards and the continued strong order environment serve as a solid foundation for our expectations of continued backlog growth during 2007, enhance our revenue visibility into 2010, and bolster our outlook for continued strong revenue growth and margin expansion for the next few years,� concluded Mr. Khoury. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks and uncertainties. B/E�s actual experience may differ materially from that anticipated in such statements. Factors that might cause such a difference include those discussed in B/E�s filings with the Securities and Exchange Commission, including but not limited to its most recent proxy statement, Form 10-K and Form 10-Q. For more information, see the section entitled �Forward-Looking Statements� contained in B/E�s Form 10-K and in other filings. The forward-looking statements included in this news release are made only as of the date of this news release and, except as required by federal securities laws, we do not have any obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances. About B/E Aerospace, Inc. B/E Aerospace, Inc. is the world's leading manufacturer of aircraft cabin interior products, and a leading aftermarket distributor of aerospace fasteners. B/E designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E manufactured products include aircraft cabin seating, lighting, oxygen, and food and beverage preparation and storage equipment. The company also provides cabin interior design, reconfiguration and passenger-to-freighter conversion services. Products for the existing aircraft fleet -- the aftermarket -- generate about 60 percent of sales. B/E sells and supports its products through its own global direct sales and product support organization. For more information, visit B/E�s website at www.beaerospace.com.
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