Report
Olfa Taamallah ...
  • Yan Derocles

Figeac Aero : Accélération de la croissance et allègement du levier grâce à une supply chain assainie

L’amélioration de la supply chain et la parité €/$ vont permettre à Figeac d’afficher un TMVA 2024-28 de l’EBITDA de 15% et un triplement du FCF d’ici à mars 2028. Avec un levier à 1.7x, le stress du refinancement de la maturité 2028 retombe. OC relevé à 9.3 € et blue sky scenario à 13.5 € sur la base des multiples de transaction.
Underlying
Figeac Aero SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Olfa Taamallah

Yan Derocles

ResearchPool Subscriptions

Get the most out of your insights

Get in touch