CAE’s Civil Segment Leads First-quarter FY2019 Results
CAE has reported double-digit growth attributed to the company’s civil aviation training solutions.

CAE's civil aviation training solutions segment led performance with double-digit growth in the first quarter of Fiscal Year 2019, the company announced during an earnings call on Tuesday. Civil revenue for the first quarter was C$430.9 million, a 16 percent increase compared to last year, while segment operating income was up by 14 percent, to C$78.3 million. The company’s revenue during the quarter stood at C$722 million, compared to C$656.2 million a year ago. Revenue from CAE’s defense segment was C$268.3 million, indicating a 3 percent year-over-year increase, but segment operating income fell 10 percent, to C$21.5 million.


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