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SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, a leading independent pure-play provider of aerospace engine aftermarket services, is pleased to announced that it has been selected by leading Southeast Asian airline Lion Air to provide maintenance, repair & overhaul (MRO) support for its CFM International CFM56-7B turbofan engines. Lion Air and its subsidiaries operate over 100 Boeing 737-800 and -900 narrowbody aircraft powered by the CFM56-7B turbofan. Under the new agreement, StandardA.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (NYSE: SARO) will report its first quarter 2025 earnings results after the market closes on Monday, May 12, 2025. StandardAero will hold a conference call to discuss the results at 5:00 PM ET that day. A live webcast of the conference call will be made available on the Events section of StandardAero's investor relations website at https://ir.standardaero.com/news-events/events. The earnings release and presentation will also be posted to th.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (NYSE: SARO) (“StandardAero” or the “Company”) announced today the pricing of its upsized underwritten public offering by two of its stockholders (the “Selling Stockholders”), affiliates of The Carlyle Group Inc. and GIC Private Limited, of an aggregate of 36,000,000 shares of the Company's common stock, par value $0.01 per share (“Common Stock”), at a price to the public of $28.00 per share. The Selling Stockholders will receive all of the.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero, Inc. (NYSE: SARO) (“StandardAero” or the “Company”) announced today that two of its stockholders (the “Selling Stockholders”), affiliates of The Carlyle Group Inc. and GIC Private Limited, intend to offer for sale in an underwritten secondary offering an aggregate of 30,000,000 shares of the Company's common stock, par value $0.01 per share (the “Common Stock”). The Selling Stockholders will receive all of the net proceeds from this offering. No.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero (NYSE: SARO), a leading pure-play provider of aerospace aftermarket services for fixed- and rotary-wing aircraft, has appointed Rama Bondada to serve as Vice President, Investor Relations, effective March 17, 2025. In this new role for StandardAero, Bondada will be responsible for developing and executing a comprehensive investor relations function and program. He will take the lead in maintaining effective relationships with the investment commu.
StandardAero, Inc., a pure-play aero engine company, shows strong growth prospects in commercial aerospace, military, and business aviation, with a diverse geographic sales distribution. Despite negative free cash flow in 2024 due to investments, StandardAero expects double-digit sales growth and stable margins in 2025, with positive free cash flow. SARO stock is rated a buy, supported by 14% annual EBITDA growth, significant future free cash flow, and potential accretive M&A opportunities.
StandardAero, Inc. (SARO) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
StandardAero, Inc. (NYSE:SARO ) Q4 2024 Earnings Conference Call March 10, 2025 5:00 PM ET Company Participants Alex Trapp - Chief Strategy Officer Russell Ford - Chairman and Chief Executive Officer Dan Satterfield - Chief Financial Officer Conference Call Participants Seth Seifman - JPMorgan Sheila Kahyaoglu - Jefferies Ken Herbert - RBC Capital Gavin Parsons - UBS Greg Dahlberg - Wolfe Research Krista Friesen - CIBC Operator Good afternoon, and welcome to StandardAero's Fourth Quarter and Full-Year 2024 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Alex Trapp, Chief Strategy Officer.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero (NYSE: SARO) announced results today for three months ended December 31, 2024 ("Fourth Quarter 2024") and full fiscal year ended December 31, 2024 (“Full Year 2024”). Fourth Quarter 2024 Highlights Revenue increased 21.8% year-over-year to $1,409.6 million Net loss was $14.1 million, driven by one-off transaction related costs and investments Adjusted EBITDA increased 37.2% year-over-year to $186.2 million Adjusted EBITDA Margin was 13.2%, an inc.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--StandardAero (NYSE: SARO), a leading pure-play provider of aerospace aftermarket services for fixed- and rotary-wing aircraft, has announced the appointment of Derek Kerr to the company's Board of Directors. Mr. Kerr's appointment was effective February 18, 2025. Mr. Kerr brings to StandardAero's Board of Directors nearly four decades of aviation and airline experience along with senior executive perspectives from his long and distinguished career having serv.