Heico – Specialist in Aircraft Spare Parts and Electronics Focuses on Acquisition Strategy

Heico is a supplier for the aerospace industry, specializing in FAA-approved spare parts and electronic components. The increase of the credit line to $2.2 billion in June secures liquidity for further company acquisitions. In the second quarter, the company's net profit rose by 49%, and revenue increased by 25%, driving the stock price to an all-time high. The stock of Heico (HEI) has been in a consolidation phase with a price performance of just over 6% since the beginning of the year. Thanks to recently strong quarterly results,...