Rockwell Collins sales increase 69% YoY



Rockwell Collins, Inc. (NYSE: COL) has reported sales for the first quarter of fiscal year 2018 of USD 2.011 billion, a 69% increase from the same period in fiscal year 2017, or 9% organic growth excluding USD 716 million of revenue from the acquisition of B/E Aerospace, the company said.

First quarter fiscal year 2018 earnings per share was USD 1.69 compared to USD 1.10 in the prior year´s first quarter. Earnings per share for the first quarter of fiscal year 2018 included a 37 cent discrete income tax benefit from the enactment of the Tax Cuts and Jobs Act. Adjusted earnings per share for the first quarter of fiscal year 2018 was USD 1.59 compared to USD 1.22 in the prior year´s first quarter (see the supplemental schedule in this press release for a reconciliation between GAAP earnings per share and adjusted earnings per share).

Rockwell Collins (NYSE: COL) is a provider of aviation and high-integrity solutions for commercial and military customers around the world. Every day we help pilots safely and reliably navigate to the far corners of the earth; keep warfighters aware and informed in battle; deliver millions of messages for airlines and airports; and help passengers stay connected and comfortable throughout their journey. As experts in flight deck avionics, cabin electronics, cabin interiors, information management, mission communications, and simulation and training, we offer a comprehensive portfolio of products and services that can transform our customers´ futures. To find out more, visit www.rockwellcollins.com.