CAE Inc

CAE

Equity

ISIN CA1247651088 / Valor 680472

Toronto Stock Exchange (2024-11-22)

CAD 31.99-1.81%

CAE Inc
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About company

CAE Inc is a global leader in providing training systems and simulation products for the defence and security market segments. The company's Defence & Security business unit offers a comprehensive portfolio of training services and simulation products across air, land, naval, and public safety sectors. With regional operations in Canada, the United States/Latin America, Europe/Africa, and Asia-Pacific/Middle East, CAE leverages its capabilities, technologies, and solutions to help customers maintain the highest levels of mission readiness. The company specializes in integrated live, virtual, and constructive training solutions for defence forces, offering a combination of training services, simulation products, and software tools to enhance safety, efficiency, mission readiness, and decision-making capabilities. Additionally, CAE is a leading provider of comprehensive training solutions for pilots, cabin crew, maintenance technicians, and ground personnel in the civil aviation industry, including commercial, business, helicopter aviation, and the emerging eVTOL market.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

CAE Inc. reported revenue of $1,197.4 million for the fourth quarter of fiscal 2024, reflecting a 6% decrease compared to the $1,126.3 million reported in the same quarter of the previous year. This decline was primarily attributed to lower sales in certain segments.

Operating Income

For Q4-2024, CAE Inc. experienced an operating loss of $533.0 million, a significant drop from the operating income of $178.3 million in Q4-2023. This substantial decrease was influenced by various operational challenges and restructuring costs.

Net Income

CAE Inc. reported a net loss attributable to equity holders of $504.7 million for the fourth quarter of fiscal 2024, compared to a net income of $93.6 million in the same period of the previous year. This resulted in a basic and diluted loss per share of $1.58 from continuing operations.

Free Cash Flow

In Q4-2024, CAE Inc. generated free cash flow of $191.1 million, marking a 29% increase from the $147.6 million reported in Q4-2023. This improvement was driven by better working capital management and operational efficiencies.

Adjusted Order Intake

CAE Inc.'s adjusted order intake for the fourth quarter of fiscal 2024 was $1,406.2 million, reflecting a 10% increase compared to the $1,550.5 million in Q4-2023. The adjusted backlog at the end of the quarter stood at $10,796.4 million, indicating strong future revenue potential.

Summarized from source with an LLMView Source

Key figures

11.7%1Y

-7.17%3Y

-8.99%5Y

Performance

29.4%1Y

35.4%3Y

43.8%5Y

Volatility