BUZZ-StandardAero jumps on Q4 revenue beat

Reuters
11 Mar
BUZZ-StandardAero jumps on Q4 revenue beat

** Shares of aircraft maintenance firm StandardAero SARO.N rise 6% to $27.8

** Co late on Monday posted Q4 revenue of $1.41 billion, beating analysts' average estimate of $1.39 billion, per data compiled by LSEG

** SARO provides maintenance, repair and overhaul $(MRO)$ services for the aerospace and industrial gas turbine industries

** SARO forecasts 2025 revenue of $5.8 billion to $5.95 billion vs estimates of $5.86 billion

** Stock has fallen 19.7% since its Nasdaq debut in October

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com;))

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