AAR's sales, income rise in FY 2017
Thursday, July 13, 2017
AAR CORP. (AIR) reported fourth quarter sales of $492.3 million, up 5.1 percent from last year, and full year sales of $1.77 billion, up 4 percent from the prior year.
The corporation, which operates a commercial aircraft maintenance base in Duluth, said full year income from continuing operations was $50.2 million, or $1.45 per diluted share. In Fiscal Year 2016, income from continuing operations was $38.3 million, or $1.10 per share.
Sales in aviation services increased 5.2 percent in the quarter over last year
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