Cobham PLC (85GU_p.L)
26 Oct 2011
|Market Cap (Mil.):||£2,853.91|
|Shares Outstanding (Mil.):||1,078.58|
* Sees low-to-mid single digit fall in 2014 vs previous forecast for modest growth
LONDON - British defense and aerospace supplier Cobham lowered its sales forecast for 2014, becoming the latest company to warn shareholders over the impact of U.S. budget cuts.
* H1 pretax profit falls 3 pct, organic revenue down 3 pct
LONDON, Aug 8 - British defence electronics group Cobham posted a 3 percent fall in first-half pretax profit, weighed down by U.S. defence spending cuts, and kept its full-year outlook unchanged.
Aug 8 - Cobham PLC : * Auto alert - Cobham Plc H1 underlying pretax profit 137 million STG