May 14, 2008 / 12:33 PM / in 10 years

CAE posts bigger fourth-quarter profit

OTTAWA (Reuters) - CAE Inc CAE.TO CGT.N reported a 4-percent gain in fourth-quarter earnings on Wednesday, but said profit from continuing operations jumped nearly 34 percent on sturdy demand for its flight simulators and services.

CAE, which sells to both civil and military aviation markets, reported net earnings of C$35.6 million, or 14 Canadian cents per share, in the period ended March 31. That compares with a profit of C$34.3 million, or 14 Canadian cents a share.

($1=$1 Canadian)

Reporting by Susan Taylor; Editing by Scott Anderson

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