ST Engineering

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ST Engineering earnings dip 4% in 1H20 to $257.4 mil
https://www.theedgesingapore.com/capita ... 0-2574-mil

[winston]

not vested

ST Engineering Ltd (STE SP) - A year like any other in terms of dividends

Singapore Technologies Engineering’s (STE) growth outlook was positive but the Covid-19 outbreak has dimmed the outlook, mainly due to the aerospace segment.

As for the group’s other operations, Electronics accounted for 39% of FY20 net profit while Land Systems contributed 19%.

The remaining 5% is from Marine.

Certain pockets such as satellite comms in Electronics have also been impacted but most other segments are not as affected, though we note that there could be supply chain issues which may result in delays in production.

About a third of the group’s business is defense-related. BUY.

Source: OCBC

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ST Engineering posts 14% drop in 2H20 earnings to $264.4 mil on lower revenue, profit
https://www.theedgesingapore.com/capita ... nue-profit

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ST Engineering launches largest ever M&A bid of US$2.4 bil for Cubic Corp
https://www.theedgesingapore.com/news/m ... cubic-corp

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Cubic Corp spurns ST Engineering's higher bid of US$78 per share
https://www.theedgesingapore.com/news/m ... us78-share


Cubic Corp spurns ST Engineering's higher bid of US$78 per share
https://www.theedgesingapore.com/news/m ... us78-share

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ST Engineering and Temasek enter into 50-50 JV for freighter aircraft leasing
https://www.theedgesingapore.com/news/d ... r-aircraft


ST Engineering says cost savings target is 'on track', $1.6 bil new contracts won during 1Q in quarterly update
https://www.theedgesingapore.com/news/r ... -during-1q

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ST Engineering posts 15% higher earnings of $296.1 mil for 1H21 on higher revenue, EBIT
https://www.theedgesingapore.com/capita ... venue-ebit

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US awards contract for new B-52 engines to Rolls Royce, ST Engineering's nacelle bid remains
https://www.theedgesingapore.com/news/a ... gs-nacelle

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ST Engineering marks largest acquisition to date with US$2.68 bil bid for TransCore
https://www.theedgesingapore.com/news/m ... -transcore

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ST Engineering secures more than $1.82 bil contracts in 3Q21; order book at $18.2 bil
https://www.theedgesingapore.com/capita ... ok-182-bil