ST Engineering Aerospace and Electronics Balance Up Weak Marine Sector

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ST Engineering announces its third quarter 2015 results on 6th November 2015. Revenue fell 3% to $1.50 billion from $1.55 billion as compared to the same quarter last financial year. Profit Before Tax (PBT) is expected to be lower than 2014.

ST Engineering 3Q 2015 Results

Revenue By Sector

Aerospace

The revenue for the Aerospace sector is $506 million, up 8% as compared to 3Q2014.

The was due to higher engines output in the Component/Engine Repair & Overhaul business group that
was partially offset by lower revenue from the Aircraft Maintenance & Modification business group. Read More