BRIEF-Heroux-Devtek Q4 earnings per share $0.25

Wed May 25, 2016 7:39am EDT
 
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May 25 (Reuters) - Heroux-Devtek Inc

* Qtrly earnings per share $0.25

* "conditions remain mostly favourable in commercial aerospace market"

* As at March 31, 2016, Heroux-Devtek's funded backlog stood at $460 million, versus $459 million at beginning of fiscal year

* "for fiscal year ending march 31, 2017 we anticipate sales to reach approximately $420 million"

* FY2017 revenue view c$429.3 million -- Thomson Reuters I/B/E/S

* Devtek - confident that final assembly of pre-production shipset will be completed as planned in Q1 of fiscal 2017

* Devtek Inc - production requirements associated to deliveries for Boeing contract scheduled to begin in early calendar 2017 will be met

* Devtek reports fiscal 2016 fourth quarter and year-end results   Continued...