Russian Helicopters EBITDA Increases 27%, Revenues Grow 10% in 2013

Russian Helicopters, a part of State Corporation Rostec, a leading global designer and manufacturer of helicopters and manufacturer of some of the world’s most innovative and widely operated models, announces its consolidated operating and audited financial results for the year ended 31 December 2013 under IFRS. Revenue grew by 10.0% to RUB 138.3 billion; EBITDA rose … Dowiedz się więcej

Lufthansa Group boosts earnings power and gains altitude

Deutsche Lufthansa AG has achieved the targeted improvement in earnings well. Adjusted for non-recurring effects, the operating profit rose year on year by 62 per cent to EUR 1.042bn (previous year: EUR 643m). The reported operating profit came to EUR 697m, having totalled EUR 839m the previous year. A comparison of the reported results is … Dowiedz się więcej

SEC Form 10 registration statement filed for planned spinoff of Exelis Mission Systems business

A registration statement on Form 10 was filed with the U.S. Securities and Exchange Commission (SEC) for the planned spinoff of the current Exelis (NYSE: XLS) Mission Systems business. Today’s filing was made under the name „Exelis MSCO Inc.,” however, Exelis plans to announce the name under which the new company will do business in … Dowiedz się więcej