20 December 2013
AAR (NYSE: AIR) has reported second quarter fiscal year 2014 consolidated sales of USD540.7m and net income of USD20.0m, or USD0.50 per diluted share.
For the second quarter of the prior fiscal year, the company reported sales of USD512.8m and net income of USD17.8m, or USD0.44 per diluted share.
“Today we reported strong second quarter FY 2014 results, including record revenue and earnings for this fiscal period,” said David P. Storch, chairman and chief executive officer of AAR CORP. “Our Aviation Services segment performed well in the quarter, with strong revenue growth, while our Technology Products declined slightly in comparison to prior year.”
AAR is a global aviation and aerospace company that employs more than 6,000 people in 17 countries. Based in Wood Dale, Illinois, AAR supports commercial, government and defense customers through two operating segments: aviation services and technology products. More information can be found at www.aarcorp.com.