2024-07-12 09:42:52 ET
Summary
- HWM specialises in advanced engineered solutions for the aerospace and transportation industries.
- HWM's historical financial results have shown consistent top-line growth and robust profitability margins.
- HWM's 1Q24 earnings results reported strong revenue growth driven by the commercial aerospace market, with strong performance in engine products, fastening systems, and engineered structures segments.
- Looking ahead, the forecasted growth in both passenger air traffic demand and aircraft deliveries is expected to bolster the commercial aerospace market. This positive outlook is expected to strengthen HWM's outlook as well.
Synopsis
Howmet ( HWM ) specialises in supplying advanced engineered solutions for the aerospace and transportation industries. HWM’s historical financials have shown consistent top-line growth. In addition to that, its profitability margins remained robust over the same time period. For its most recent 1Q24, HWM’s continued to report revenue growth, which was up 14% year-over-year. The main driver was the strong growth in the commercial aerospace market. ...
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For further details see:
Howmet Aerospace: Positive Commercial Aerospace Outlook