Brief: Heroux-Devtek Q4 earnings per share $0.25

Heroux Devtek

25/05/2016 12:00

May 25 (Reuters) - Heroux-Devtek Inc  HRX.TO  
    * Qtrly earnings per share $0.25 
    * "conditions remain mostly favourable in commercial 
aerospace market" 
    * As at March 31, 2016, Heroux-Devtek's funded backlog stood 
at $460 million, versus $459 million at beginning of fiscal year 
    * "for fiscal year ending march 31, 2017 we anticipate sales 
to reach approximately $420 million" 
    * FY2017 revenue view c$429.3 million -- Thomson Reuters 
I/B/E/S 
    * Devtek - confident that final assembly of pre-production 
shipset will be completed as planned in Q1 of fiscal 2017 
    * Devtek Inc - production requirements associated to 
deliveries for Boeing contract scheduled to begin in early 
calendar 2017 will be met 
    * Devtek reports fiscal 2016 fourth quarter and year-end 
results 
    * Q4 adjusted earnings per share c$0.25 excluding items 
    * Q4 sales c$117.5 million versus I/B/E/S view c$114.9 
million 
    * Q4 earnings per share view c$0.23 -- Thomson Reuters 
I/B/E/S 
 
Source text for Eikon:  ID:nCCN77fF3  
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