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Bristow Group Inc (BRS.N)

BRS.N on New York Stock Exchange

19.77USD
8 Dec 2016
Change (% chg)

$1.02 (+5.44%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Bristow Group reports Q1 2017 results
Thursday, 4 Aug 2016 05:01pm EDT 

Bristow Group Inc : Bristow Group reports first quarter fiscal year 2017 results . Q1 loss per share $1.17 . Q1 adjusted loss per share $0.34 . Q1 earnings per share view $-0.15 -- Thomson Reuters I/B/E/S . Q1 total operating revenue $356.2 million , down 19.1 percent . Foreign currency exchange rate headwinds intensified at end of june quarter due to british pound sterling depreciation following brexit . "fiscal 2017 will remain a challenging year from an earnings perspective as bristow typically lags in a downcycle" . Understanding with OEMs to defer approximately $95 million of oil and gas aircraft capital expenditures out of fiscal 2017 and fiscal 2018 . Expect liquidity as of june 30, 2016 of $315.2 million, cash flow, future financings will be sufficient to satisfy capital commitments . "more significant impact" from brexit expected in future quarters .Had minimal impact from devaluation of nigerian naira on qtrly results.  Full Article

Bristow Group says board determined to increase size of board from twelve to thirteen directors
Tuesday, 28 Jun 2016 05:11pm EDT 

Bristow Group Inc : On June 27, 2016, board determined to increase size of board from twelve to thirteen directors - SEC filing .Has appointed William Higgins to fill vacant board position, effective June 27, 2016.  Full Article

Bristow Group says Norwegian Civil Aviation Authority suspended operations
Friday, 3 Jun 2016 09:40am EDT 

Bristow Group Inc : Norwegian Civil Aviation Authority on June 1 suspended operations of all Airbus helicopters EC225LP and AS332L2 model aircraft in Norway . Company's other aircraft model types, including search and rescue aircraft, continue to operate globally . United Kingdom Civil Aviation Authority on June 2 suspended operations of Airbus helicopters EC225LP and AS332L2 model aircraft in U.K. . On June 2, EASA issued an emergency airworthiness directive prohibiting flight of Airbus helicopters EC225LP and AS332L2 model aircraft . Too early to determine whether Norway helicopter crash will have a material impact on company . Will continue not to operate for commercial purposes H225 model aircraft in Norway, 13 H225 aircraft in U.K., 6 H225 model aircraft in Australia .Will not operate for search and rescue purposes, any of other 4 H225 model aircraft in Norway or three H225 model aircraft in Australia.  Full Article

Bristow qtrly net loss per share $0.72
Wednesday, 25 May 2016 07:07pm EDT 

Bristow Group Inc : Sees FY 2017 U.K. SAR revenue $205 million - $230 million . Qtrly diluted net loss per share $0.72 .Bristow Group reports fiscal fourth quarter and full fiscal year 2016 results.  Full Article

Bristow Group Inc says on March 5 announced lifting of temporary suspension of the Co's operations of Sikorsky S-76 aircraft in Nigeria
Monday, 7 Mar 2016 05:32pm EST 

Bristow Group Inc:On March 5,co issued a press release announcing lifting of temporary suspension of the co's operations of Sikorsky S-76 aircraft in Nigeria.Co cooperated fully with NCAA during audit and resumed service of Sikorsky S-76 aircraft in Nigeria following audit's completion.Not received any notices of termination from any of its clients in Nigeria.Has been using,continues to use other in-region aircraft as part of plan implemented to minimize impact of suspension of S-76 operations.Still too early to determine whether precautionary landing incident on February 3 will have material impact on future business.  Full Article

Bristow Group Inc announces quarterly dividend reduction
Monday, 8 Feb 2016 04:55pm EST 

Bristow Group Inc:Board of Directors approved a $0.07 per share quarterly dividend, which compares to $0.34 per share in the prior quarter.Dividend will be payable on March 15.Record date as on March 1.  Full Article

Bristow Group Inc announces quarterly dividend
Thursday, 5 Nov 2015 04:15pm EST 

Bristow Group Inc:Approved a quarterly dividend of $0.34 per share of common stock issued and outstanding at the close of business on December 1, 2015.Dividend will be payable on December 15, 2015 to stockholders of record at the close of business on the Record Date.  Full Article

Bristow Group appoints Don Miller as chief financial officer
Monday, 17 Aug 2015 08:00am EDT 

Bristow Group Inc:Says it has appointed Don Miller as senior vice president and chief financial officer, effective immediately.Says Miller is replacing John Briscoe, who will be leaving his current position as chief financial officer to pursue other business opportunities.  Full Article

Bristow Group Inc announces quarterly dividend
Friday, 7 Aug 2015 05:00pm EDT 

Bristow Group Inc:Says that it has approved a quarterly dividend of $0.34 per share of common stock issued and outstanding at the close of business on Sept. 1, 2015 (Record Date).The dividend will be payable on Sept. 15, 2015 to stockholders of record at the close of business on the Record Date.  Full Article

Bristow Group Inc lowers FY 2016 EPS guidance
Thursday, 6 Aug 2015 05:03pm EDT 

Bristow Group Inc:Lowers adjusted diluted earnings per share guidance for FY 2016 to $3.10 to $3.75.FY 2015 EPS of $3.99 - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Bristow enters into new $200 mln seven-year equipment financings

* Upon funding, credit facilities will have seven-year terms with balloon payments at maturity