FIGEAC AÉRO: Upward revision of objectives after marked growth in 2023/24

FIGEAC AÉRO, a major player in the aeronautical industry, recently announced a turnover of 397.2 million euros for the 2023/24 financial year, exceeding its annual forecasts. This performance represents an organic increase of 19.3% compared to the previous year, exceeding the initial objective of 375 to 390 million euros.

In detail, turnover for the fourth quarter amounted to 119.3 million euros, marked by organic growth of 17.5%. The Aerostructures & Aeroengines division performed particularly well, benefiting from an increase in production rates for the A350. Over the year, this division recorded growth of 19.3% in organic terms.

Following these positive results, FIGEAC AÉRO has raised its profitability and cash generation forecasts for the financial year, now targeting current EBITDA between 50 and 53 million euros and free cash flow between 20 and 24 million euros. euros. The group also maintains its objectives for 2024/25, with an expected turnover of between 420 and 440 million euros.