Figeac Aero : The recovery in volumes continues
>H1 2022-23 affected by inflation and side effects - In H1 2022-23, the EBITDA margin of 9.9% and adjusted FCF of around -€ 23m by our estimates excluding the effects of the operational redeployment in Mexico illustrate i/ the full impact of inflation which affected the entire first half of the fiscal year (energy, transport, wages and bonuses, etc.) and ii/ side effects such as the payment of social security charges deferred during the Covid pandemic (€ 2.1m) or the ...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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