Cobham reported encouraging results, with lower revenues following the divestment of non-core activities recently. The operating profit on the contrary remained broadly flat yoy, leading to a higher operating margin. The outcome of the conflict with Boeing about the KC-46 tanker is leading to additional charges for Cobham but the final resolution is getting closer, good news. We expect a positive trend for the group in the future but remain cautious considering the challenges that the group s ....