Credit: Axillon SK Capital says it has completed the acquisition of Parker Hannifin’s composites and fuel containment operations in North America, renaming the business as Axillon Aerospace.
Parker is heavily exposed to commercial aerospace and its boom-and-bust cycle. While Parker is exceptional at driving non-GAAP adjusted operating margin improvements, the market ignores the ...
Oct 31 (Reuters) - Parker-Hannifin (PH.N), opens new tab raised ... driven by strong demand for its parts in the aerospace segment. Aerospace suppliers are benefiting from a surge in product ...
(Reuters) - Parker-Hannifin raised its full year profit forecast after posting a quarterly profit that exceeded Wall Street estimates on Thursday, driven by strong demand for its parts in the ...
Orders for the Aerospace Systems unit increased 7% on a year-over-year basis. Parker-Hannifin’s cost of sales was $3.10 billion, flat year over year. Selling, general and administrative expenses ...