The Globe and Mail reports in its Friday edition that CAE raised its earnings forecast for the year as chief executive officer Matthew Bromberg sees early rewards from streamlining operations and focusing on core priorities after a lengthy expansion. The Globe's Nicolas Van Praet writes that CAE said Wednesday it expects adjusted earnings per share of between $1.28 and $1.35 for the fiscal year ending March 31, 2027. That's up from a previous forecast of $1.21 to $1.28. CAE also boosted its outlook for adjusted segment operating income margins for the year. Forecasts for revenue and cash conversion rate were unchanged. Mr. Bromberg said on a call to discuss the results Thursday: "Eighteen months into the role, I'm often asked if I can see the change occurring in the organization and the answer is yes. We're becoming more focused on our end markets. We're becoming more focused on profitable growth and more focused on cash flow generation. And the results are starting to be clear." Mr. Bromberg took over last year from longtime CEO Marc Parent. He's now working to boost profits and cash flows after a 15-year expansion left the company on solid footing but unable to generate high returns from some of its assets.