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Cobham sees 2015 earnings at lower end of forecast range

Reuters - UK Focus

LONDON, Nov 5 (Reuters) - British engineering company Cobham (Amsterdam: CH6.AS - news) said 2015 earnings would be at the lower end of market expectations due to lower demand for some of its communications products and delays in orders for surveillance products.

Cobham (Other OTC: CBHMY - news) , which specialises in aerial refuelling equipment, said on Thursday underlying earnings per share would be at the bottom end of the 20.1 pence to 21.7 pence range expected by analysts.

It (Other OTC: ITGL - news) cited lower demand for its satellite communications products in the Asia-Pacific region and in oil and gas markets, plus delays in receiving some anticipated orders in the its U.S (Other OTC: UBGXF - news) . surveillance business. (Reporting by Sarah Young; editing by David Clarke)