HEICO CORPORATION reported that net income increased 13% to a record $23.1m for the third quarter of fiscal 2012, up from $20.4m for the third quarter of fiscal 2011. For the first nine months of fiscal 2012, net income increased 13% to $61.3m, up from $54.3m for the first nine months of fiscal 2011. Operating income increased 19% to $42.4m in the third quarter of fiscal 2012, up from $35.7m in the third quarter of fiscal 2011. For the first nine months of fiscal 2012, operating income increased 17% to $117.6m up from $100.9m in the first nine months of fiscal 2011. The Company’s consolidated operating margin improved to 18.8% in the third quarter of fiscal 2012, up from 18.1% in the third quarter of fiscal 2011. For the first nine months of fiscal 2012, the Company’s consolidated operating margin was 18.0% compared to 18.2% for the first nine months of fiscal 2011. Net sales increased 15% to $225.9m the third quarter of fiscal 2012, up from $197.7m in the third quarter of fiscal 2011. For the first nine months of fiscal 2012, net sales increased 18% to $654.9m up from $555.9m for the first nine months of fiscal 2011.
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Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada