BBA Aviation Net Rises; Company to Buy GE Fuel Unit
(Corrects acquisition figure in second paragraph.)
BBA Aviation Plc’s net income last year rose to 65.1 million pounds from 47.9 million pounds as sales increased 9 percent to 1.18 billion pounds and pretax profit jumped 42 percent to 85.2 million pounds.
The company said separately that its Ontic unit is buying a legacy fuel-measurement business from General Electric Co.’s aviation division for $62.5 million.
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