For the year ended December 31, 2012, CAS operating earnings of $271.3 million increased 25.6 percent as compared with the prior year period. Operating margin of 17.5 percent expanded 90 basis points as compared with the prior year period due to operating leverage at the higher revenue level and ongoing operational efficiency initiatives.For the year ended December 31, 2012, CMS operating earnings, adjusted to exclude AIT costs, were $233.9 million. Adjusted operating margin of 20.0 percent increased 10 basis points.
B/E Aerospace Reports Fourth Quarter And Full Year 2012 Financial Results; Fourth Quarter 2012 EPS Up 30%; Full Year 2012 EPS Up 26% Excluding Debt Prepayment Costs; Raises 2013 Guidance
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