Latécoère : 2018 proving more difficult than expected but course maintained
>2018 hit by default of a supplier - H1 2018 was hit by several negative factors, forex (4-cent deterioration in the hedge rate) for an estimated € 5/6m, the 10% fall in prices on Embraer’s E1 (for 2018 alone) and on Airbus programmes (spread over several years) for an estimated € 5m, by start-up costs of Montredon’s facilities and Bulgaria for € 4m, with the default of a supplier (new element) for an estimated € 3m and by the decline in volumes. Despite all of this, ...Societe Industrielle d'Aviation Latecoere and its subsidiaries are engaged in the manufacture of parts and equipment for the aeronautic and space industries. Co.'s products are mainly divided into 2 sectors: Airframe Structure and Equipment & Systems. Airframe Structure: manufactures Fuselage and Wing Structure Elements such as tail cones, forward upper shells, side parts, front spar bulkheads, nose sections, passenger doors, flaps; Nacelle Structure Elements such as fan cowls, tail engine fan cowls, translating sleeves, thrust reverser beams. Equipment & Systems: manufactures on-board electric racks, harnesses, landscape video camera system, pilot control panels and battery charge limiters.
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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