Fastener Sales Drive B/E Aerospace Earnings

Jason Sandefur

Increased aftermarket demand for aerospace fasteners at B/E Aerospace drove distribution sales up 17.5% to $43 million during the third quarter of 2005, while operating earnings jumped 40% to $8.7 million.
Nine-month distribution sales gained 22%, while operating earnings rose 36% to $26.5 million.
Overall Q3 sales improved 18.3% to $217.1 million, and operating earnings jumped 45% to $25.4 million. Nine-month sales at B/E Aerospace gained 14.2% to $621.2 million, while operating income grew 44% to $69.4 million. Web: beaerospace.com �2005 FastenerNews.com