Release from 09.11.2021

EANS-Adhoc: FACC adjusts EBIT guidance due to extraordinary legal charges.

The now expected EBIT is in the range of EUR -25 to -30 million

In the disputes with a supplier dating back to 2011, decisions have now been made against FACC that, contrary to the expert opinion of FACC's lawyers, could not have been expected in this form.

For this reason, the current EBIT guidance for the fiscal year 2021 cannot be met and is revised to an EBIT range of EUR -25 to -30 million.
About FACC

FACC is a worldwide leading aerospace company in design, development and production of aerospace technologies and advanced aircraft lightweight systems. Being the technology partner of all major manufacturers, FACC works together with its customers on developing solutions for the mobility of the future. Every second, there is an aircraft taking off with FACC technology on board. In the fiscal year 2023, FACC achieved 736 million Euro in revenues. More than 3,700 people from +50 nations are employed at 15 international locations worldwide. In 2024, FACC celebrates its 35th anniversary. The company is listed on the Vienna Stock Exchange. For more information please visit facc.com.

 

Contact

Michael Steirer

Michael Steirer 
Vice President
Controlling / Investor Relations / Enterprise Risk Management



Tel.: +43/59/616-1468
Cell: +43/664/80-119-1468
E-Mail: m.steirer@facc.com