July 12, 2014 4:43 PM ET

Aerospace and Defense

Company Overview of GKN Aerospace Sweden AB

Company Overview

GKN Aerospace Sweden AB develops and produces components for aircraft, rocket, and gas turbine engines. It offers engine components, including commercial and military engines, and aero derivatives; aircraft engines; and space propulsion sub-systems, such as rocket nozzles and turbines. The company also offers spare parts for aircraft engines; maintenance, repair, and overhaul of aircraft engines and gas turbines, and industrial gas turbine engines. In addition, it offers fan/compressor structures, turbine structures, compressor rotors, shafts, combustor structures, vanes, and low pressure turbine cases. Further, the company offers leasing and financing services. GKN Aerospace Sweden AB was f...

Maloga Indistriomrade

Trollhättan,  461 81


Founded in 1930


46 52 09 40 00


46 8 55 50 56 78

Key Executives for GKN Aerospace Sweden AB

Age: 61
Chief Financial Officer
Chief Executive Officer of Engine Systems
Age: 52
Chief Executive Officer of GKN Aerospace and Land Systems
Age: 60
Age: 53
Compensation as of Fiscal Year 2014.

GKN Aerospace Sweden AB Key Developments

GKN Aerospace Engine Systems Reports Earnings Results for the Year Ended Dec. 31, 2013

GKN Aerospace Engine Systems reported earnings results for the year ended Dec. 31, 2013. The full year sales of GKN Aerospace Engine Systems was £656 million, slightly lower than originally expected due to softer spares demand. The company generated a trading profit of £92 million (including release of a £4 million underspent severance accrual), and trading margin of 14.0% (13.4%, excluding this release), fully meeting expectations for synergies and operational improvements.

GKN Aerospace Announces Unaudited Earnings Results for the Six Months Ended June 30, 2013; Provides Sales Guidance for the Fiscal Year 2013

GKN Aerospace announced unaudited earnings results for the six months ended June 30, 2013. For the six months, the company announced sales of GBP 1,123 million compared to GBP 770 million for the same period a year ago. Trading profit was GBP 118 million compared to GBP 86 million for the same period a year ago. The company provided sales guidance for the fiscal year 2013. Excluding engine systems, the company's 2013 sales are expected to be similar to the prior year, reflecting increased commercial aircraft sales, lower military sales and the impact of the previously announced transfer of the supply chain contract to Airbus.

GKN Aerospace Sweden AB Announces Interim Management Statement for the First Quarter Ended March 31, 2013

GKN Aerospace Sweden AB announced interim management statement for the first quarter ended March 31, 2013. The company generated sales of £161 million, trading profit of £19 million and trading margin of 11.8%.

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