BBA Aviation CEO and FD Interviewed on 2013 Results

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BBA Aviation CEO and FD Interviewed onBBA Aviation CEO and FD Interviewed on 2013 Results PR Newswire

Informations

• Publié par: bba-aviation-plc
• Publié le: 05 mars 2014
• Nombre de lectures: 7
• Langue: English

Extrait

BBA Aviation CEO and FD Interviewed on 2013 Results

PR Newswire

LONDON, March 5, 2014

Simon Pryce, BBA Aviation CEO, announced a 2% growth in revenue despite a flat market, and announced the details of a $125m share buyback.

Mark Hoad, FD, said the business had made good progression in profitability with operating profit up 4% and earnings per share up 9%. In a video interview he said the group had cash conversion of 101% while free cash flow increased by 21% to $146.5m.

"I think this set of results is yet again a reflection of the inherently attractive financial characteristics of the business," Mr Hoad said.

Mr Pryce also gives an update on value creation and future growth.

The video interviews and transcripts are available now on http://video.merchantcantos.com.

MerchantCantos produces executive interviews, documentaries and webcasts with senior management. If you would like to contact us, please email [e-mail] or phone [phone].