CAE Q2 FY27 operating profit falls 26% year over year to CAD 114.4 million
CAE•CAE’s second-quarter FY27 operating profit fell 26% year over year to CAD 114.4 million, and net income attributable to shareholders declined 21% to CAD 58.6 million. Revenue was CAD 1.2 billion, while capital expenditures fell 56% to CAD 48.9 million.
1. Quarterly results
CAE reported second-quarter FY27 operating profit of CAD 114.4 million, down 26% year over year. Net income attributable to shareholders fell 21% to CAD 58.6 million, revenue declined to CAD 1.2 billion, and capital expenditures dropped 56% to CAD 48.9 million.
2. Planned sale
The planned USD 500 million sale of Flightscape to SITA is expected to close in the first half of calendar 2027.
