Posted AT 6:34 PM EDT on 14/05/08
Steady as she goes means more profit at CAE
Flight simulator and training provider CAE Inc. has reported a fourth-quarter profit of $35.6-million, up by $1.3-million from a year earlier, courtesy of what it billed as “steady growth” in both the military and civil sectors.
Share profit was 14 cents, unchanged from a year earlier, while revenue rose to $366.6-million from $337.3-million, the Montreal company said Wednesday.
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