ADVFN - Advanced Financial Network.
HOME» NYSE » B » BA Stock Price » BA Stock News

Boeing Share News

 Boeing Co. (the) Stock Price
BA Stock Price
 Boeing Co. (the) Stock Chart
BA Stock Chart
 Boeing Co. (the) Stock News
BA Stock News
 Boeing Co. (the) Company Information
BA Company Information
 Boeing Co. (the) Stock Trades
BA Stock Trades

Avio Profit Up Partly On Strength of Civilian Business

By Gilles Castonguay MILAN--Avio, the Italian aerospace group planning a stock-market listing, Thursday posted a healthy profit rise for the first half of the year, partly on the strength of its civilian business. Avio, which helps develop engines for passenger aircraft like Boeing Co.'s (BA) 787 Dreamliner, reported a 13% rise in adjusted earnings before interest, taxes, depreciation and amortization, or Ebitda, to 214 million euros ($263 million) for the period. The figure is adjusted because it excludes extraordinary items. Revenue advanced 25% to EUR1.13 billion, while the order book remained unchanged from Dec. 31, 2011 at EU6.4 billion. Adjusted net financial debt stood at EUR1.4 billion, flat with the amount at the end of 2011. "First half-year results confirm the strength and resilience of our portfolio of programmes," Chief Executive Francesco Caio said in a statement. Avio also makes propulsion systems for rockets that carry satellites into orbit. Avio, 15% owned by Finmeccanica SpA (FNC.MI), Italy's biggest defense and aerospace group, has previously postponed plans to list its stock in Milan because of the market volatility. It has also attracted the interest of private equity firms like CVC Capital Partners. Avio is 81% owned by another private equity firm called Cinven. -Write to Gilles Castonguay at gilles.castonguay@dowjones.com Order free Annual Report for The Boeing Co. Visit http://djnweurope.ar.wilink.com/?ticker=US0970231058 or call +44 (0)208 391 6028 Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Boeing (BA)
DateTimeHeadline
05/27/201517:37:44Lockheed Martin Open to Deals, Mum on Sikorsky -- Update
05/27/201506:50:25Wizz Air CEO: Considering Buying Either Airbus or Boeing Jets...
05/25/201522:50:15Boeing Helps Export-Import Bank Fight for Survival
05/25/201511:49:43Boeing Helps Export-Import Bank Fight for Survival
05/25/201511:30:09Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201511:25:04Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201511:20:04Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201511:15:08Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201511:10:04Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201511:05:05Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201511:00:09Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201510:55:04Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201510:50:04Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201510:45:11Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201510:40:05Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201510:35:04Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201510:30:09Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201510:25:04Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201510:20:04Sikorsky Is for Sale -- but Can Anyone Afford It?
05/25/201510:15:17Sikorsky Is for Sale -- but Can Anyone Afford It?

Boeing and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad