Aviall Q2 Sales, Profits Rise

John Wolz

Aviall Inc. reported second quarter 2004 net sales rose 25% to $314.0 million, or 25% over last year’s level of $250.8 million.
The sales growth was driven by sales across all geographic regions and market sectors. The commercial airline sector posted an impressive year-over-year increase, while the general aviation and military/government sectors also showed gains.
Aviall’s gross profit increased 18% from the second quarter of 2003 to $50.1 million for the same period this year.
CEO Paul Fulchino described Aviall’s first half performance as “exceeding our expectations despite higher fuel prices and an uncertain future for some of the most important commercial airlines.”
Web: Aviall.com �2004 FastenerNews.com