Figeac Aero : Focus on optimising the WCR and on A350 orders
>Potentially a major lever from optimisation of the WCR - Short term, management of the WCR offers a clearly greater lever than EBITDA growth to accelerate cash generation. The company thinks that it might even be able to restore pre-crisis WCR levels as of 2024 (in FY 2019-20, the WCR as defined by the company amounted to 95 days of sales versus 132 in FY 2022-23). On one hand, by focusing on the industrial WCR via the reduction in over-stocking relating to supply ch...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.
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