Latécoère: returns to profit in H1.
(CercleFinance.com) - Latécoère has posted adjusted net income from continuing operations of 11.
4 million euros in the first half of 2017, compared with 19.4 million euros at 30 June 2016 and an adjusted operating profit of 33.1 million euros, thanks to its 2020 Transformation plan.
As a result, the underlying operating margin of the aeronautics equipment manufacturer increased by 2.4 percentage points, on sales that are up 1.8% at 348.8 million euros (-1.2% at constant exchange rates).
Copyright (c) 2017 CercleFinance.com. All rights reserved.
4 million euros in the first half of 2017, compared with 19.4 million euros at 30 June 2016 and an adjusted operating profit of 33.1 million euros, thanks to its 2020 Transformation plan.
As a result, the underlying operating margin of the aeronautics equipment manufacturer increased by 2.4 percentage points, on sales that are up 1.8% at 348.8 million euros (-1.2% at constant exchange rates).
Copyright (c) 2017 CercleFinance.com. All rights reserved.