Meggitt H1 underlying pretax rises 59 pct

LONDON, August 5 (Reuters) - British aerospace firm Meggitt Plc (MGGT.L) posted a 59 percent rise in first-half underlying pretax profit on Tuesday.

Underlying profit before tax, amortisation, exceptionals, inventory re-evaluations and accounting for foreign currency contracts rose to 109.6 million pounds.

Revenues rose 47 percent to 526.6 million pounds.

The company announced an interim dividend of 2.7 pence, up 10 percent.

Meggitt is a supplier to top planemakers Airbus (EAD.PA) and Boeing Co. (BA.N). It makes aircraft flight displays, fire detection systems and unmanned air vehicles. (Reporting by Rhys Jones; Editing by David Cowell)