Cobham released a profit warning today, right before its Q3 results, mentioning a challenging environment. Underperformance has been driven by the SATCOM and Wireless business units both in the Advanced Electronic Solutions sector. Also, the Mission systems sector, despite being in line with expectations, remains at risk because of the US KC-46 tanker.

24 Oct 2016
Yet another profit warning in a weak demand context

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Yet another profit warning in a weak demand context
Cobham released a profit warning today, right before its Q3 results, mentioning a challenging environment. Underperformance has been driven by the SATCOM and Wireless business units both in the Advanced Electronic Solutions sector. Also, the Mission systems sector, despite being in line with expectations, remains at risk because of the US KC-46 tanker.