AAR (AIR) Q4 2006 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 2006 earnings summary
4 Nov, 2026Executive summary
FY2006 sales rose 20% to $897.3M; income from continuing operations increased 89% to $35.2M.
Improved results reflected more favorable operating conditions, customer-service focus, and execution across operating groups.
Financial highlights
Net sales were $897.284M, versus $747.848M in FY2005 and $644.469M in FY2004.
Income from continuing operations was $35.163M, versus $18.572M in FY2005; diluted EPS from continuing operations was $0.94, versus $0.55.
Operating income reached $64.2M in FY2006, compared with $33.5M in FY2005, $20.3M in FY2004, and $0.9M in FY2003.
Outlook and guidance
Priorities include investment in tooling, equipment, and training for new-technology aircraft; development of engineered services and supply-chain applications; and expansion in high-growth international markets.
Cargo loading systems demand is expected to rise with air-freight growth and passenger-aircraft conversions to freighters.
Latest events from AAR
- Sales excluding pass-through items grew, but weaker Q4 demand and credit costs cut earnings.AIR
Q4 2000 - Record operating cash flow and improving quarterly EPS cushioned a sharp earnings decline.AIR
Q4 2001 - Airline contraction drove a $58.9m loss and $75.9m in impairment charges.AIR
Q4 2002 - Manufacturing gains and financing actions cushioned a weak aviation market and FY03 loss.AIR
Q4 2003 - Military-driven growth lifted sales and restored profitability, despite a still-fragile airline recovery.AIR
Q4 2004 - Record cash generation and broad segment growth positioned for expansion through major program wins.AIR
Q4 2005 - Record $1.06B sales and $58.7M net income, with growth across all four segments.AIR
Q4 2007 - FY08 sales rose 30.5% across segments, but airline cutbacks clouded the outlook.AIR
Q4 2008 - Commercial growth lifted sales, but defense pressure weighed on earnings and FY2013 guidance.AIR
Q4 2012