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February 28th , 2008

ESTERLINE REPORTS STRONG FIRST QUARTER;
SEGMENT EARNINGS UP 59% ON RECORD SALES

BELLEVUE, Wash., February 28, 2008 — Esterline Technologies Corporation (NYSE/ESL www.esterline.com), a leading specialty manufacturer serving aerospace/defense markets, today reported fiscal 2008 first quarter (ended February 1) net earnings of $31.0 million, or $1.04 per diluted share. Year-ago net earnings were $12.8 million, or $.49 per diluted share. First quarter 2008 net earnings include $6.9 million in tax benefits and a $1.9 million gain associated with the termination of an interest rate swap; first quarter 2007 net earnings included a $2.1 million tax benefit. Sales in the 2008 first quarter were a record $372.4 million compared with $257.2 million a year ago.

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December 6, 2007
Esterline ends year on high note - fourth quarter net earnings $20.9 million

October 10th, 2007
Esterline Technologies Corporation agrees to sell 3,450,000 shares of common stock

August 30th, 2007
Esterline Reports 3Q EPS of $.61 before one-time insurance recovery

June 28th, 2007
Esterline reaches agreement on insurance claim related to last year's explosion at UK facility

une 28, 2007
Esterline announces receipt of requisite consents in consent solicitation

June 20, 2007
Esterline launches consent solicitation for 7.75% senior subordinated notes due 2013

May 31, 2007
Esterline reports 2Q Earnings of $19.8 million

March 14, 2007
Esterline completes acquisition of CMC Electronics

March 5, 2007
Esterline Reports 1Q Earnings of $12.8 Million or $.49 per share, on $257.2 million Sales

February 23, 2007
Esterline Technologies Announces Pricing of $175 Million Private Placement of Senior Notes

February 16, 2007
Esterline Technologies Launches Private Placement of Senior Notes

February 1, 2007
Esterline To Acquire Canada-Based CMC Electronics

December 7, 2006
Esterline Reports 4Q Earnings Per Share of $.71 From Continuing Ops

August 31, 2006
Esterline Reports 3Q Earnings Per Shareof $.43 — In Line With Recent Guidance

August 2, 2006
Esterline Lowers Expectations With Third Quarter Guidance; Wallop Accident, Program Delays and Export Issues Cited

July 26th, 2006
Esterline CEO Robert Cremin Appointed British Honorary Consul for Seattle

June 27th, 2006
Explosion at Esterline's Wallop Facility in UK Results in a Fatality; Several Minor Injuries

June 19th, 2006
Esterline Appoints Paul V. Haack to Board of Directors

June 1st, 2006
Esterline Reports 2Q Results From Continuing Operations; Income $17.7 Million, or $.68 Per Share, on $247.9 Million Sales

March 27th, 2006
Esterline Finalizes Acquisition of Wallop Defence Systems Ltd.

March 9th, 2006
Esterline To Acquire Wallop Defence Systems Ltd.

February 23rd, 2006
Esterline Reports 1Q Results From Continuing Operations; Income $8.4 Million, or $.33 Per Share, on $205.7 Million Sales

 

 

 

 

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