CEDAR RAPIDS, Iowa - For FY2014, ended September 30, Rockwell Collins reported sales were $4.98 billion, an 11 percent increase from $4.47 billion in fiscal year 2013. Net income for the year was $604 million compared to $632 million in 2013.
Total sales for the fourth quarter of fiscal year 2014 were $1.4 billion, a 15 percent increase from the same period in fiscal year 2013. Net income for the quarter was $167 million compared to $175 million a year ago.
"An excellent fourth quarter capped off a solid year of financial performance for Rockwell Collins," said Rockwell Collins Chief Executive Officer and President, Kelly Ortberg. "These financial results, which included double digit sales and cash flow growth, met or exceeded our guidance ranges that we established at the beginning of the year and are on track with the long-term expectations we shared at our investor day last March. Not only do we see improving market conditions for our company, but the acquisition and integration of ARINC is exceeding our expectations and adds a growth engine to our portfolio."
You have 0 item(s) in your cart