Figeac Aero : 2022-23 sales in line, EBITDA at the high end of the range and strong exposure to the acceleration in pace for A350
>2022-23 sales in line with our forecasts - Yesterday evening, Figeac published 2022-23 sales in line with our estimates (0.3% above) excluding the € 12m contribution from the ad hoc disposal of raw material stocks (with no impact on EBITDA). On a reported basis, sales were € 341.4m, i.e. organic growth of 14% and 21.1% including forex and scope effects. In line with expectations, organic growth in H2 of 4% excluding stock disposals, slowed considerably after the 17.6...Figeac Aero SA, formerly Figeac Aero SARL, is a France-based company engaged in the manufacture of parts and components for aerospace industry. It offers a range of products and services such as design, manufacture and assembly of subassemblies; manufacture of structural parts, ranging from small fittings to large panels; supply of engine parts, such as vertical lathe, blades, and milling of aluminum and hard materials; and manufacture of precision parts, such as landing gear and thrust inverters. The Company's customer base includes Airbus, Embraer, ATR, Boeing, Bombardier, Eurocopter and Gulfstream, among others. It is a member of the Figeac Aero Group, comprising companies engaged in provision of aerospace-related products and services. It operates through Groupe Sonaca and PECISS, industrial technology services company based in Tunisia.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.