CAE (TSE:CAE) has released an update.
CAE Inc. has confirmed its full fiscal year 2024 financial results, maintaining the figures previously announced, with a strategic focus on margin improvement in its Defense business. Despite a reported operating loss, the company anticipates growth in both its Civil and Defense sectors in fiscal 2025. Additionally, CAE has been authorized to renew its normal course issuer bid, with considerations for reintroducing a shareholder dividend.
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