TransDigm Group Incorporated Revises Earnings Guidance for the Fiscal Year Ending September 30, 2024
May 07, 2024 at 07:15 am
Share
TransDigm Group Incorporated revised earnings guidance for the fiscal year ending September 30, 2024. For the year, Net sales are anticipated to be in the range of $7,680 million to $7,800 million against previous guidance of $7,575 million to $7,755 million. Net income is anticipated to be in the range of $1,608 million to $1,686 million compared with previous guidance of $1,560 million to $1,662 million.
Earnings per share is expected to be in the range of $26.06 to $27.40 per share compared with previous guidance of $25.25 to $27.01 per share.
TransDigm Group Inc. specializes in the design, manufacturing and marketing of aerospace systems and components. Net sales break down by family of products as follows:
- engine components and control systems (50.3%): mechanical and electromechanical actuators and control systems, pumps and engine control systems, power regulators, ignition systems, thermal management systems, fluid management systems, batteries and power supply systems, motion sensors, data recording, analysis and processing systems, etc. The group also offers winches, lifting systems and cargo handling systems;
- cabin systems and equipment (47%): cockpit safety components and systems, locking systems and devices, connectors, audio control systems, specialized sanitary equipment, seat belts and safety devices, interior fittings (seats, display systems, on-board entertainment systems, etc.) lighting systems, parachutes, freight delivery systems, etc. ;
- other (2.7%): non-aeronautical systems and equipment.
At the end of September 2023, the group operated approximately 100 production sites worldwide.
The United States accounts for 64.8% of net sales.
TRANSDIGM GROUP INC. 
