CAE announces re-baselining of its Defense business, Defense impairments, accelerated risk recognition on Legacy Contracts and appointment of Nick Leontidis as COO
CAE(CAE) prnewswire.com·2024-05-22 04:30
Defense records $568.0 million goodwill impairment, $90.3 million unfavourable contract adjustments, and $35.7 million impairment of related intangible assetsPreliminary unaudited fiscal fourth quarter and full fiscal 2024 results and initial fiscal 2025 outlook providedBoard approves NCIB for the repurchase of up to 5% of CAE's common sharesFourth quarter and full year fiscal 2024 results to be disclosed after market hours on May 27Management to discuss financial results and outlook on May 28 earnings call ...