B/E Aerospace released fourth quarter and full year 2013 financial results

B/E Aerospace reported that fourth quarter 2013 commercial aircraft segment (CAS) revenues increased 19.6% while operating earnings of $84.0m increased 22.4% as compared with the prior year period. Operating margin of 17.6% expanded 40 basis points as compared to the same period of the prior year, due to operating leverage at the higher revenue level and ongoing operational efficiency initiatives. For the year ended December 31, 2013, CAS operating earnings of $320.3m increased 18.1% as compared with the prior year and operating margin of 17.9% expanded 40 basis points due to operating leverage at the higher revenue level and ongoing operational efficiency initiatives.