BBA Share News (BBA)

(Sharecast News) - BBA Aviation said trading remained in line with expectations, with revenue for the first four months of 2019 up 23.1% year-on year, reflecting organic growth along with the acquisitions of EPIC, Firstmark and Ontic licences acquired during 2018.Like-for-like revenue at the aviation support company was up 1.1% at constant currency rates, adjusting for fuel prices and before acquisitions.In the Signature division, revenues 22.7% and on a like-for-like basis were up 0.4% against a strong comparative in 2018, BBA said.In Ontic, revenue increased 33.6% and on a like-for-like basis delivered organic growth of 14.4% in the first four months of the financial year."The integration of the Firstmark business within Ontic is proceeding well and to plan and it has contributed in line with our expectations in the period. Ontic continues to have a strong order book and to evaluate an attractive pipeline of future licence opportunities; we remain on track to deliver the $100m EBITDA target by the end of 2021," the company said.