B/E Aerospace released that for the year ended December 31, 2011, revenues of $2.5bn increased 26.0% as compared with the prior year. Organic revenue growth, excluding acquisitions, was approximately 16.5%. For the year ended December 31, 2011, operating earnings of $428.0m increased 35.4% as compared with the prior year. Operating margin in the current period of 17.1% expanded 120 basis points as compared with 2010. 2011 adjusted operating earnings were $433.3m and adjusted operating margin of 17.3% expanded by 90 basis points as compared with 2010. Net earnings were $227.8m, an increases of 59.0% as compared with 2010. 2011 adjusted net earnings were $231.5m reflecting an adjusted earnings per diluted share growth rate of 44.6% compared to 2010 full year results similarly adjusted.
Fourth quarter 2011 revenues of $654.7m increased $112.9m as compared with the same period of the prior year. Operating margin was 16.7% and expanded 160 basis points as compared with the prior year period. Adjusted operating earnings were $114.4m an increase of 25.7% and adjusted operating margin of 17.5% expanded 70 basis points as compared to the prior year period. Net earnings were $57.3m an increase of 83.7% as compared with the fourth quarter of 2010. Fourth quarter 2011 adjusted net earnings were $61.0m.
