B/E Aerospace Sales Jump 15.8% in Third Quarter - Modern Distribution Management

Log In

B/E Aerospace Sales Jump 15.8% in Third Quarter

Business jet sales led the increase, jumping 33.8 percent.
Author
Date

B/E Aerospace Inc. (NASDAQ: BEAV), Wellington, FL, reported sales for the third quarter of $888.1 million, an increase of 15.8 percent compared to the same period a year ago. Profit quadrupled to $92.7 million, compared to a year-ago profit of $18.5 million.

Commercial aircraft sales increased 18.4 percent to $456.6 million. Operating earnings increased 22.4 percent from the prior year to $82.4 million.

Consumables management sales increased 7.3 percent to $317.4 million. Operating earnings were $58.8 million, an increase of 7.7 percent year-over-year.

Business jet sales increased 33.8 percent to $114.1 million. Operating earnings increased 52.7 percent to 18.9 million.

For the first nine months, sales for B/E were $2.6 billion, an increase of 13.1 percent compared to the same period a year ago. Profit increased 73.5 percent to $275 million.

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.