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March 7, 1997updated 05 Sep 2016 12:37pm

COMPANY RESULT: ELBIT SYSTEMS LTD

By CBR Staff Writer

Elbit Systems Ltd has reported fourth quarter net profits down 11.8% at $6.5m on revenue up 31.8% at $96.7m; net profits for the year to December 31 were down 25.5% at $18.0m on revenue that rose 2.6% to $307.5m. Net earnings per share fell 14.3% to $0.30 in the quarter, and were down 26.3% to $0.84 in the year. The results mainly pre-date the group’s split into three companies in November. The Israeli company reports figures in US dollars.

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