Latécoère : Cautious tone for 2020
>After the indirect costs adjusted by the 2020 transformation plan, BEYOND attacks fixed costs - The rollout of the 2020 transformation plan is virtually achieved with the completion at end-December 2019 of c91% of the anticipated investment (c€ 130m spent over the last three years). The positive impacts from this restructuring will help save around € 40m annually for pricing pressure similar to that visible at present. Following on from this plan, the group has launc...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.
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