Mar 05th 2012 - Edison Investment Research today published a report on BBA Aviation (BBA.L, LSE:BBA, LON:BBA) entitled "Beating The Market". In summary, the report says:
BBA’s results demonstrated above-market growth despite a difficult environment. In addition, with a strengthened balance sheet, good cash conversion bringing net debt:EBITDA down rapidly and a solid long-term funding structure in place, we expect BBA to continue its consolidation and growth strategy. With structural growth drivers and continuous operational improvement, BBA could deliver significant bottom-line advances as the nascent market recovery takes hold. These results have shown its ability to succeed even in an uncertain environment.
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