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BBA Aviation profit declines amid struggles

Aug 06, 2019 - City A.M.

AEROSPACE services firm BBA Aviation's share price fell yesterday as it announced a slight deterioration in first-half profit. The firm, which provides the global aviation industry with fuelling, ground handling and passenger services, said a cooling sector was partly to blame for the lacklustre results.

Shares fell as much as three per cent yesterday. BBA's pre-tax profit fell to £150.2m in the first half of 2019, a two per cent year-on-year drop, while revenue increased 19 per cent to ...