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[BUSINESS] · United States · 4 sources

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RBC Bearings Reports 36.9% Jump in Aerospace & Defense Sales, $2.3 B Backlog

RBC Bearings Incorporated announced that its aerospace and defense segment sales increased by 36.9% in the latest reporting period, bringing the segment’s backlog to $2.3 billion. The company highlighted strong demand for its products and noted that the growth contributed to an improvement in its adjusted EBITDA and free‑cash‑flow conversion metrics.

The results were released from the company’s headquarters in Oxford, Connecticut, and were accompanied by detailed financial commentary on GAAP and non‑GAAP measures, including diluted earnings per share and cash‑flow efficiency.

Entities

Columbia Banking System, Inc. · EBITDA · HSBC Holdings plc · RBC Bearings Inc. · RBC Bearings Incorporated · The Berkeley Group Holdings plc

Sources

What Is EBITDA [businessnewsthisweek.com]
about 1 month ago