Meggitt flies steadily in first quarter with 4% sales growth
Trading in the first quarter of 2015 at aeroplane components maker Meggitt has continued along its expected flight path of low to mid single-digit revenue growth for the full year.
Aerospace and Defence
10,434.76
17:14 18/04/24
-1.00%
-105.69
FTSE 100
7,877.05
17:14 18/04/24
n/a
n/a
FTSE 350
4,334.00
17:14 18/04/24
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FTSE All-Share
4,290.02
16:54 18/04/24
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Meggitt
798.80p
16:52 12/09/22
0.00%
0.00p
In total, the group said it achieved organic revenue growth of 4% in the period from 1 January 2015 to 22 April.
Organic sales into the civil original equipment (OE) and civil aftermarket (AM) grew at mid single digits, while stronger military growth was offset by a decline in its energy sales.