GKN profits soar after aerospace boost

Engineering group GKN today more than doubled pre-tax profits after its aerospace division overcame delays to the Airbus superjumbo programme.

GKN profits soar after aerospace boost
Tue, 27 Feb, 2007 - 09:52

Engineering group GKN today more than doubled pre-tax profits after its aerospace division overcame delays to the Airbus superjumbo programme.

With GKN benefiting from work on the US Joint Strike Fighter project and the new Boeing 787, underlying pre-tax profits at the firm soared to £182m (€270.8m) for 2006, up from £73m (€108.6m) the previous year.

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