Release from 16.01.2020

EANS-Adhoc FACC adjusts its forecast for the short fiscal year 2019

For the 2019 financial year (short financial year), management currently assumes sales of EUR 668 million (previously EUR 600 million) and a profit margin (EBIT) in a range from 5.2 % to 5.7 % (previously approximately 6%).

The medium-term growth and earnings targets remain unchanged, albeit depending on the market development - significant rate increases on growth projects have been completed. In the coming periods, FACC will focus on a sustainable increase in profitability through an efficiency improvement program of up to EUR 50 million. There are plans to streamline the supply chain through increased vertical integration - such as the insourcing of the production of strategic component groups - as well as a group-wide optimization of business processes.

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.