Brief: Heroux-Devtek Q2 adjusted earnings C$0.16/shr

Heroux Devtek

04/11/2016 11:00

Nov 4 (Reuters) - Heroux-Devtek Inc  HRX.TO  
    * Heroux-Devtek reports fiscal 2017 second quarter results 
    * Q2 adjusted earnings per share C$0.16 
    * Q2 earnings per share C$0.26 
    * Q2 sales C$91.6 million versus C$94.5 million 
    * Q2 earnings per share view c$0.16 -- Thomson Reuters 
I/B/E/S 
    * Heroux-Devtek - Q2 results reflect start-up, excess 
processing costs associated with ongoing ramp up of complete 
landing gear systems for boeing 777 
    * Heroux-Devtek - Expect low single-digit sales growth for 
fiscal year ending March 31, 2017, though no longer anticipate 
sales to reach $420 million 
    * Heroux-Devtek Inc - Q2 results also reflect reduced 
customer requirements for landing gear components destined to 
certain commercial, defence programs 
    * Heroux-Devtek Inc - Over medium term, co remains on pace 
to achieve annual sales of approximately $500 million in fiscal 
2019 
 
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