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BBA Aviation PLC (BBA.L)

BBA.L on London Stock Exchange

239.40GBp
16 Nov 2018
Change (% chg)

2.60 (+1.10%)
Prev Close
236.80
Open
239.40
Day's High
240.40
Day's Low
235.60
Volume
3,029,318
Avg. Vol
2,281,868
52-wk High
370.40
52-wk Low
227.00

Latest Key Developments (Source: Significant Developments)

BBA Aviation Expects To Reach $100 Mln Of EBITDA By 2021-End
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - BBA Aviation PLC ::THROUGH EXECUTION OF LICENCE AND M&A OPPORTUNITIES AVAILABLE TO ONTIC, CO EXPECTS TO REACH $100M OF EBITDA BY 2021-END.  Full Article

BBA Aviation Sees FY 2018 Underlying Operating Profit To Be Broadly In Line With Expectations
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - BBA Aviation PLC ::FOR TOTAL GROUP, WE EXPECT 2018 FY UNDERLYING OPERATING PROFIT TO BE BROADLY IN LINE WITH EXPECTATIONS.PERFORMANCE AT ONTIC, DISCONTINUED ERO BUSINESS IN PART OFFSETTING SOFTER THAN EXPECTED US B&GA MARKET, WHICH HAS IMPACTED CO'S SIGNATURE PERFORMANCE.CONTINUING GROUP'S TOTAL REVENUE INCREASED BY 27% YEAR-ON-YEAR FOR TEN MONTHS TO 31 OCTOBER.10-MONTH LIKE-FOR-LIKE BASIS (CONSTANT CURRENCY, ADJUSTED FOR FUEL PRICES AND BEFORE ACQUISITIONS) CONTINUING GROUP REVENUE INCREASED BY 2.2%.  Full Article

BBA Aviation to acquire U.S. firm Firstmark for $97mln
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - BBA Aviation PLC ::ACQUIRES FIRSTMARK CORP.PROPOSED DEAL FOR A CONSIDERATION OF $97M.FIRSTMARK CORP ("FIRSTMARK"), AN AEROSPACE FOCUSED AFTERMARKET SERVICE PROVIDER, FOR A CONSIDERATION OF $97M..  Full Article

BBA Aviation HY Revenue Up 14 Pct To $1.024 Bln
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - BBA Aviation PLC ::H1 PRETAX PROFIT FROM CONTINUING OPERATIONS 76.2 MILLION USD VERSUS 85.8 MILLION USD YEAR AGO.H1 REVENUE FROM CONTINUING OPERATIONS ROSE 14 PERCENT TO 1.024 BILLION USD.BOARD IS CONFIDENT OF MODEST GROWTH IN 2018.SAYS HY US B&GA MARKET SOFTER THAN EXPECTED 3 PERCENT GROWTH.SAYS INTERIM DIVIDEND INCREASED BY 5 PERCENT TO 4.00 CENTS.DIRECTORS HAVE CARRIED OUT A REVIEW OF GROUP'S TRADING OUTLOOK AND BORROWING FACILITIES.BASED ON THE REVIEW, DIRECTORS BELIEVE THAT CO AND GROUP HAVE ADEQUATE RESOURCES TO CONTINUE IN OPERATIONAL EXISTENCE FOR FORESEEABLE FUTURE.FINANCIAL STATEMENTS HAVE BEEN PREPARED ON A GOING CONCERN BASIS.HY TOTAL UNDERLYING OPERATING PROFIT UP 3.3PCT TO $180.5 MILLION; SIGNATURE NETWORK OUTPERFORMING A SOFT MARKET.  Full Article

Bba Aviation Announces Completion Of Acquisition Of Fuel Services Partner EPIC
Monday, 2 Jul 2018 

July 2 (Reuters) - BBA Aviation PLC ::COMPLETION OF ACQUISITION OF FUEL SERVICES PARTNER EPIC.  Full Article

BBA Aviation Says Revenue For Jan To End Of April Grew 9.7 Pct Y-O-Y
Friday, 11 May 2018 

May 11 (Reuters) - BBA Aviation PLC ::BBA AVIATION - SIGNATURE REVENUES FOR JAN TO END OF APRIL GREW 13.9% AND ON A LIKE-FOR-LIKE BASIS (CONSTANT CURRENCY, ADJUSTING FOR HIGHER FUEL PRICES) WERE UP 5.5%.TRADING PERFORMANCE REMAINS IN LINE WITH EXPECTATIONS FOR PERIOD ENDED 30 APRIL 2018, WITH REVENUE FOR PERIOD UP 9.7% YEAR-ON YEAR.OUTLOOK FOR FULL YEAR REMAINS UNCHANGED.FOR JAN TO APRIL, AFTERMARKET SERVICES REVENUE DECLINED 0.5% AND ON A LIKE-FOR-LIKE BASIS WAS DOWN 3.8%.STRATEGIC REVIEW OF ERO, ANNOUNCED ON 1 MARCH 2018, IS ONGOING AND WE EXPECT TO UPDATE MARKET IN DUE COURSE.ERO BUSINESS HAS CONTINUED TO PERFORM WELL FOR JAN TO APRIL PERIOD WITH REVENUES FLAT COMPARED TO PRIOR YEAR.  Full Article

Ontic Signs License Agreement With Honeywell For Cockpit LCD Displays
Thursday, 29 Mar 2018 

March 29 (Reuters) - BBA Aviation Plc ::ONTIC SIGNS LICENSE AGREEMENT WITH HONEYWELL FOR COCKPIT LCD DISPLAYS ON MULTIPLE PLATFORMS.ONTIC - SIGNED LICENSE AGREEMENT WITH HONEYWELL FOR COCKPIT DISPLAYS; LICENSE COVERS 26 PRODUCT FAMILIES CONSISTING OF 162 LINE REPLACEABLE UNITS.  Full Article

BBA Aviation says revenue up 10.2 pct year-on year for ten months to Oct
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - BBA AVIATION PLC ::GROUP'S TRADING PERFORMANCE REMAINS IN LINE WITH EXPECTATIONS, WITH REVENUE UP 10.2% YEAR-ON YEAR FOR TEN MONTHS TO OCTOBER​.SAYS ‍OUTLOOK FOR FULL YEAR REMAINS UNCHANGED​.SAYS ‍"RECENT HURRICANES HARVEY, IRMA AND MARIA, CAUSED MINIMAL IMPACT OVERALL ACROSS SIGNATURE NETWORK"​.‍IN FLIGHT SUPPORT, SIGNATURE REVENUES IN TEN MONTHS TO 31 OCTOBER GREW 14.2% AND 3.8 PERCENT ON A LIKE-FOR-LIKE BASIS​.‍IN AFTERMARKET SERVICES, REVENUE IN TEN MONTHS TO 31 OCTOBER GREW 1.8% BUT ON A LIKE-FOR-LIKE BASIS DECLINED 2.8%​.  Full Article

BBA Aviation shares rise on upbeat outlook for Ontic unit

Nov 13 BBA Aviation Plc said it expects core earnings at its Ontic aircraft parts and services unit to reach $100 million by the end of 2021, helped by acquisitions and contract wins.