Meggitt has not only released encouraging results, even though negatively impacted by a one-off loss, but has also raised its synergy expectations, while having passed the peak on R&D spending. Thanks to this, it expects a strong improvement in both the operating margin and cash flow generation.
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Brightening future
- Published:
01 Mar 2017 -
Author:
Marc Laubel -
Pages:
3
Meggitt has not only released encouraging results, even though negatively impacted by a one-off loss, but has also raised its synergy expectations, while having passed the peak on R&D spending. Thanks to this, it expects a strong improvement in both the operating margin and cash flow generation.