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Textron reports third quarter 2017 results updates full-year EPS range and raises cash flow guidance

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Textron Inc :Textron reports third quarter 2017 results; updates full-year EPS range and raises cash flow guidance.Q3 revenue $3.5 billion versus I/B/E/S view $3.55 billion.Q3 earnings per share $0.60 from continuing operations.Q3 adjusted Non-Gaap earnings per share $0.65 from continuing operations.Q3 earnings per share view $0.62 -- Thomson Reuters I/B/E/S.Textron Inc - ‍during this year's Q3, company recorded $25 million of pre-tax special charges ($0.05 per share, after-tax)​.Textron Inc - ‍expects full-year 2017 gaap earnings per share from continuing operations will be in range of $2.20 to $2.30​.Textron Inc - ‍Textron aviation backlog at end of Q3 was $1.2 billion, up $142 million from end of Q2​.Textron Inc - ‍expects full-year 2017 adjusted earnings per share from continuing operations will be $2.40 to $2.50​.Textron Inc - ‍bell backlog at end of Q3 was $5.0 billion, down $413 million from end of Q2​.Textron Inc - ‍increasing its expected full-year manufacturing cash flow before pension contributions by $150 million to a range of $800 to $900 million​.FY2017 earnings per share view $2.52 -- Thomson Reuters I/B/E/S.

Hexcel reports Q3 adjusted earnings per share $0.71

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Hexcel Corp :Hexcel reports 2017 third quarter results.Q3 GAAP earnings per share $0.76.Q3 earnings per share view $0.68 -- Thomson Reuters I/B/E/S.Q3 adjusted earnings per share $0.71.Sees FY 2017 sales $2.0 billion.Q3 sales $491.5 million versus I/B/E/S view $508.2 million.Hexcel Corp - ‍FY2017 free cash flow on track to exceed $100 million​.Hexcel Corp - ‍FY2017 adjusted diluted EPS guidance range narrowed to between $2.64 and $2.72​.‍Expects wind energy sales in 2018 to exceed 2016 levels​.Hexcel Corp - full year 2017 sales guidance is now estimated to be just under $2.0 billion​.FY2017 earnings per share view $2.68 -- Thomson Reuters I/B/E/S.FY2017 revenue view $1.99 billion -- Thomson Reuters I/B/E/S.‍Expects commercial aerospace sales in 2017 to be slightly lower compared to 2016​.

FACC AG H1 EBIT at EUR 29.7 mln​

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - FACC AG ::‍SOLID GROWTH IN REVENUES IN FIRST HALF YEAR 2017/18 OF +9.6% TO EUR 358.7 MILL.​.‍EARNINGS EXPECTATION FOR FISCAL YEAR 2017/18 CLEARLY POSITIVE​.‍COMPANY EXPECTS A MODERATE GROWTH IN REVENUES FOR 2017/18 FINANCIAL YEAR​.‍H1 EBIT OF EUR 29.7 MILLION (COMPARATIVE PERIOD 2016/17: EUR 0.0 MILLION AFTER ONE-OFF EFFECTS)​.‍WILL CONTINUE TO PURSUE A SALES TARGET OF ONE BILLION EUROS FOR 2020/ 2021 FINANCIAL YEAR​.

Moody's says Bombardier deal is credit positive for Airbus

Tuesday, 17 Oct 2017

Oct 18 (Reuters) - Moody's:Moody's says Bombardier deal is credit positive for Airbus.Moody's - Bombardier deal to complement Airbus' product offering in smaller single-aisle aircraft market without material negative impact on credit metrics.

Moody's says Bombardier deal is credit positive for Airbus

Tuesday, 17 Oct 2017

Oct 18 (Reuters) - Moody's:Moody's says Bombardier deal is credit positive for Airbus.Moody's - Bombardier deal to complement Airbus' product offering in smaller single-aisle aircraft market without material negative impact on credit metrics.

Drone Volt 9M revenue up at​ 5.8 million euros

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - DRONE VOLT SA ::9M REVENUE EUR ‍​ 5.8 MILLION VERSUS PUBLISHED REVENUE OF EUR 5.0 MILLION YEAR AGO.9M GROSS MARGIN EUR 1.5 MILLION VERSUS RESTATED GROSS MARGIN EUR 1.0 MLN‍​ YEAR AGO.

Unifor​ says ‍Bombardier, Airbus deal should strengthen program

Tuesday, 17 Oct 2017

Oct 16 (Reuters) - Unifor​ -:Says ‍bombardier airbus deal should strengthen program.Good that head office for c series will remain in montreal, and production in canada will remain​."Saddened to hear that a new assembly would also be set up at Airbus facility in Alabama​".Important that Bombardier Airbus deal is accompanied by firm commitment to retain jobs in production and to keep head office here in Quebec.

Unifor​ says ‍Bombardier, Airbus deal should strengthen program

Tuesday, 17 Oct 2017

Oct 16 (Reuters) - Unifor​ -:Says ‍bombardier airbus deal should strengthen program.Good that head office for c series will remain in montreal, and production in canada will remain​."Saddened to hear that a new assembly would also be set up at Airbus facility in Alabama​".Important that Bombardier Airbus deal is accompanied by firm commitment to retain jobs in production and to keep head office here in Quebec.

Airbus and Bombardier to become partners on the C series aircraft programme

Tuesday, 17 Oct 2017

Oct 16 (Reuters) - Airbus Se ::Airbus says co, Bombardier are to become partners on the c series aircraft programme; corresponding agreement was signed on Oct 16.Airbus says co to acquire majority stake in the C series aircraft limited partnership‍​.Airbus says Airbus will acquire a 50.01pct interest in C series aircraft limited partnership at closing.Airbus says under deal, co to provide procurement, sales, marketing, customer support expertise to the C series aircraft limited partnership.Airbus says CSALP’s headquarters and primary assembly line and related functions will remain in québec.Airbus says Bombardier and investissement Québec will own about 31pct and 19pct respectively in C series aircraft limited partnership.Airbus ‍​says deal also contemplates Bombardier will continue with its current funding plan of CSALP.Airbus says Airbus will be entitled to name the chairman of CSALP.Airbus says CSALP's board will initially consist of seven directors, four of whom will be proposed by Airbus, two by Bombardier, and one by IQ.Airbus - deal has been approved by the boards of directors of both Airbus and Bombardier, as well as the cabinet of the government of Québec.Airbus says deal also provides for issuance to Airbus, upon closing, of warrants exercisable to acquire up to 100 million class b shares of bombardier.

Airbus and Bombardier to become partners on the C series aircraft programme

Tuesday, 17 Oct 2017

Oct 16 (Reuters) - Airbus Se ::Airbus says co, Bombardier are to become partners on the c series aircraft programme; corresponding agreement was signed on Oct 16.Airbus says co to acquire majority stake in the C series aircraft limited partnership‍​.Airbus says Airbus will acquire a 50.01pct interest in C series aircraft limited partnership at closing.Airbus says under deal, co to provide procurement, sales, marketing, customer support expertise to the C series aircraft limited partnership.Airbus says CSALP’s headquarters and primary assembly line and related functions will remain in québec.Airbus says Bombardier and investissement Québec will own about 31pct and 19pct respectively in C series aircraft limited partnership.Airbus ‍​says deal also contemplates Bombardier will continue with its current funding plan of CSALP.Airbus says Airbus will be entitled to name the chairman of CSALP.Airbus says CSALP's board will initially consist of seven directors, four of whom will be proposed by Airbus, two by Bombardier, and one by IQ.Airbus - deal has been approved by the boards of directors of both Airbus and Bombardier, as well as the cabinet of the government of Québec.Airbus says deal also provides for issuance to Airbus, upon closing, of warrants exercisable to acquire up to 100 million class b shares of bombardier.

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