CAE remains on track to reach its full-year targets despite a long-running industrial dispute at its Montreal facility, Marc Parent, the company’s CEO, announced during a call with analysts on 14 August.
The integrated training services provider reported strong revenue and profit increases during the second quarter. This included progress in its defence division and its civil unit, which shipped 26 simulators during the first half of the year. “The market continues to be strong, so we feel good about the outlook,” said Parent.
Defence division revenues and operating income stood at USD206.6 million and USD16.6 million respectively during the three months ended 30 June 2018.
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