Analyst Research Report Snapshot

Title:

ULTRA ELECTRONICS - MANAGING THE MARKET CHALLENGES

Price:

$10.00

Provider:

Edison Investment Research

Date:

06 Nov 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

ULE.L

Available for Immediate Download
Summary:

Ultra Electronics has positioned itself to provide a wide range of differentiated niche products in specialist electronics. End markets include; aerospace, defence, transport, security and energy, where Ultra becomes a vital partner in the development and production of complex systems. While the group's largest market defence, (54% of group revenues), is undergoing a difficult period due to US sequestration and a decline in tactical radio sales, Ultra's increasing focus on growth areas such as cyber security, transport and energy could help offset this. This could lead to a return to organic growth over the next two years.

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