Heico – Specialist in Aircraft Spare Parts and Electronics Focuses on Acquisition Strategy
Reading Time: 3 minutes
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 USD 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...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
