Report
Antoine Boivin-Champeaux ...
  • Yan Derocles

Latécoère : 2019, dernière année de transition

>Résultats annuels 2018 en ligne avec les attentes - Latécoère a publié hier des résultats 2018 en ligne avec nos estimations. L’EBITDA ressort à 54.5 M€ (Oddo BHF : 55 M€), soit une marge de 8.7% en baisse de 360 pb. Ce recul est expliqué par : i/ le déploiement du plan Transformation 2020 (16.7 M€) ; ii/ un impact change défavorable de 6 M€ ; iii/ une pression sur les prix pour certains programmes parvenus à maturité (-8.8 M€) et iv/ des coûts imprévus causés par le...
Underlying
Latecoere SA

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.

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
Antoine Boivin-Champeaux

Yan Derocles

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