The Belfast aerospace company Shorts made pre-tax profits of �40.6m last year, the largest in its history. Shorts, which is part of the Canadian Bombardier Group, specialises in making components for other international aerospace companies including Boeing.
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| Latest results show "steady improvement" |
Chairman Sir George Quigley said the results showed a "steady improvement", mainly due to increased orders for the Bombardier Global Express business aircraft and the Canadair Regional Jet. Shorts has been undergoing a major restructuring. The previous year's profits of �25m were depressed by costs incurred in abandoning a number of loss-making contracts.
The company is the largest manufacturing employer in Northern Ireland, with a workforce of just under 6,200.