B/E Aerospace, Inc. (Nasdaq:BEAV), the world's leading manufacturer of aircraft cabin interior products and the world�s leading distributor of aerospace fasteners, today confirmed its earnings guidance for 2008-2010 and commented on its expectations for continued backlog growth through 2010. In connection with the company�s presentation at the Credit Suisse conference on August 14, 2008 in Boston, MA, B/E Aerospace confirmed its earnings per share guidance of approximately $2.22, $2.85 and $3.65 per diluted share, respectively, for 2008, 2009 and 2010. The guidance is exclusive of debt prepayment, integration and transition costs associated with the acquisition of the Honeywell Consumables Solutions distribution business (HCS) which was completed on July 28, 2008. Commenting on the company�s outlook, Amin J. Khoury, Chairman and Chief Executive Officer of B/E Aerospace, Inc. stated, �While we expect revenue growth of approximately 25 percent in 2009, growth will be driven primarily by our distribution segment and although we expect tepid revenue growth in our commercial aircraft and business jet groups in 2009, we expect strong earnings growth in both groups driven by margin expansion. In addition, we expect double digit revenue growth in both the commercial aircraft and business jet groups in 2010.� �The current robust RFP activity and our developing positions on the B787, B747-8, A350 XWB and A380 support our expectation of continued backlog growth in 2009 and 2010, double digit revenue growth in 2010, and continued revenue growth thereafter,� 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 Aerospace�s actual experience and results may differ materially from the experience and results anticipated in such statements. Factors that might cause such a difference include those related to the expected benefits from the HCS acquisition, changes in market and industry conditions and those discussed in B/E Aerospace�s filings with the Securities and Exchange Commission, which include its Proxy Statement, Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. For more information, see the section entitled �Forward-Looking Statements� contained in B/E Aerospace�s Annual Report on 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 intend 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 the world�s leading distributor of aerospace fasteners. B/E Aerospace designs, develops and manufactures a broad range of products for both commercial aircraft and business jets. B/E Aerospace 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 Aerospace sells and supports its products through its own global direct sales and product support organization.
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