Ultra Electronics - Encouraging order book development
Ahead of its AGM Ultra has released a first quarter trading update that indicates no change to management expectations. The company still expects...
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Ultra Electronics - Termination of Sparton acquisition process
FY17 results were in line with the guidance reset by management in Q417, with cash performance ahead of expectations. The outlook for FY18 has some...
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Ultra Electronics - Sustainable operating momentum
Ultra has issued a reassuring post-close trading statement. The company has delivered continued order growth and demonstrated strong cash...
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Ultra Electronics - Retaining core growth strategy
While a trading update might have been anticipated the departure of the CEO is a major surprise. The return of the Chairman to the CEO role as an...
38 Views
Defence growth to resurface
It is appropriate to describe the H117 results from Ultra Electronics as flat. Revenues, operating profit, profit before tax and EPS growth (all on...
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