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FIGEAC AÉRO PILOT 28: FIGEAC AÉRO secures 3 new wins on the A320 airframe for 65 million euros 19-Sep-2024 / 17:52 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. PILOT 28: Figeac aÉro secures 3 new wins on the A320 airframe for 65 million euros FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, today announces that it has signed three new agreements...

FIGEAC AÉRO FIGEAC AÉRO: UPDATE TO THE FINANCIAL CALENDAR 10-Sep-2024 / 18:34 CET/CEST Dissemination of a French Regulatory News, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. UPDate to the financial calendar FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, has updated its financial calendar. All publications will take place after the closing of the Paris Euronext markets. 19 November 2024: Second...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, has today released its revenue figures for the first quarter of its financial year 2024/25, ended 30 June 2024. €m - IFRS Unaudited figures Q1 2024/25 Q1 2023/24 Chg. Org. chg. 2024/25 YTD 2023/24 YTD Chg. Org. chg. Aerostructures & Aeroengines 85.6 82.3 +4.0% +3.3% 85.6 82.3 +4.0% +3.3% Diversification Activities 8.4 11.1 -23.7% -23.7% 8.4 11.1 -23.7% -23.7% Total revenue 94.0 93.4 +0.7% +0.1% 94.0...

FIGEAC AÉRO (FR0011665280 – FGA), a leading partner for major aerospace manufacturers, today announces a change to its CSR governance. The Board of Directors decided at its 18 July 2024 meeting to appoint Anne Tauby as a director tasked with helping the Board keep track of Corporate Social Responsibility (CSR) matters. CSR CENTRAL TO THE PILOT 28 STRATEGY The new PILOT 28 plan places Corporate Social Responsibility (CSR) at the core of FIGEAC AÉRO's development strategy, aligning it with the...

Organic growth comes to 19.3%, pushing revenue above the initial target to €397.2 million Current EBITDA at the high end of the range at €52.2 million, margin +140bp to 13.2% Free cash-flow exceeds the revised target at €24.1 million FIRST PAYOFFS FROM THE PILOT 28 PLAN AND OUTLOOK CONFIRMED FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, has today released its full-year results for financial year 2023/24 ended 31 March 2024. These are...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, today announces that it has signed a new agreement for a total value of several tens of millions of euros with Franco-German land defence specialist KNDS during the Eurosatory international exhibition. Strategic production activity to be located in France The KNDS group was formed in 2015 from the merger between Germany's KMW and France's Nexter, creating Europe's leading land defence group. KNDS boasts...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, today announces that it has signed two new contracts worth a total of around €90 million to produce single-aisle commercial aircraft parts. Thomas Girard, FIGEAC AÉRO's Chief Operating Officer, made the following statement: “We are very pleased to have been awarded these two new contracts. They further reinforce our position on commercial aircraft programmes that are spearheading efforts to upgrade...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers , today announces its revenue figures for Q4 and FY 2023/24 (ended 31 March 2024) and raises its full-year guidance targets for profitability and free cash-flow generation. €m - IFRS Unaudited figures Q4 2023/24 Q4 2022/23 Chg. Org. chg. FY 2023/24 FY 2022/23 Chg. Org. chg. Aerostructures & Aeroengines 109.6 94.6 +15.9% +19.1% 361.5 311.7 +16.0% +19.3% Diversification Activities [1] 9.7 9.5 +1.8% +1.8%...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, announces that its joint venture in China, Nanshan Figeac Aero Industry, has achieved new major milestones including a first long-term agreement for business jet parts. The Nanshan Figeac Aero Industry (NFAI) joint venture combines the Group's technical expertise with the strength of its partner Shandong Nanshan Aluminium Co., China's leading aluminium producer. The partnership has expanded FIGEAC...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, announces the strengthening of its Executive Committee with three new members, Nicolas Fabre, Michel Petit and Camille Traineau, in connection with the roll-out its new strategic plan, PILOT 28. FIGEAC AÉRO is underpinning the deployment of its new business plan, PILOT 28, by extending its Executive Committee to include three new members: Nicolas Fabre, Michel Petit and Camille Traineau. The purpose of...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, announces that it has obtained the ISO 14001 certification for its Environmental Management System (EMS) applied at three of its production facilities in France, including its historical Figeac site. This certification reflects the Group's commitment to reinforcing responsible practices at its facilities in an effort to reduce its environmental footprint. As one of the key standards in the ISO 14000...

Showcasing the relevance of FIGEAC AÉRO's solutions to the North American market A total combined value of around €20 million Existing capacity to be used, thus keeping CAPEX to a minimum FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, has announced that it has been awarded three new contracts for aerostructure parts by American clients. At cruising speed, these contracts will correspond to combined annual revenue of around €6 million without...

Figeac, 19 February 2024 FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, has today announced the inauguration of its new production unit in Casablanca (Morocco) dedicated to producing a centrepiece of the LEAP-1A engine nacelle. The ceremony was attended by Morocco's Minister of Industry and Trade and Safran Nacelles' Vice President Procurement. This Friday 16 February 2024, FIGEAC AÉRO celebrated the inauguration of its Moroccan subsidiary's new...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, has today released its revenue figures for the third quarter of its financial year 2023/24 ended 31 December 2023. €m - IFRS Unaudited figures Q3 2023/24 Q3 2022/23 Chg. Org. chg. 9M 2023/24 9M 2022/23 Chg. Org. chg. Aerostructures & Aeroengines 88.1 79.1 +11.4% +15.3% 251.8 217.1 +16.0% +20.6% Diversification Activities [1] 8.5 8.1 +4.9% +4.9% 26.0 20.4 +27.5% +27.5% Total revenue 96.6 87.2 +10.8%...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, announces the schedule of its upcoming financial publications. Publications are to be released after the closing of Euronext market in Paris. - 31 January 2024: Third-quarter revenue 2023/24 - 14 May 2024: Fourth-quarter and full-year revenue 2023/24 - 26 June 2024: Full-year results 2023/24 - 4 September 2024: First-quarter revenue 2024/25 - 12 November 2024: Second-quarter and half-year revenue 2024/25...

Buy rating Target price of €7.0, pointing to 23.2% upside potential FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, announces that Kepler Cheuvreux, a top-tier independent European financial services firm, has initiated coverage of its stock. Kepler Cheuvreux has begun covering the FIGEAC AÉRO stock with a Buy rating and €7.0 target price in its initiation of coverage report entitled “Get on board” published on 18 January 2024; this target...

CLEAR FINANCIAL TARGETS: REVENUES APPROACHING THE €600M MARK FINANCIAL LEVERAGE OF BETWEEN 2X AND 2.5X FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, is today launching PILOT 28, its new strategic plan out to March 2028. Jean-Claude Maillard, Chairman and Chief Executive Officer of the FIGEAC AÉRO Group, gave the following statement: “Since 2021 we have been busy rolling out our turnaround plan, Route 25. This plan sought to rebuild a new FIGEAC...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, is today announcing changes to its Board of Directors. At its meeting on 20 December 2023, the Board of Directors acknowledged Éric Raynaud's decision to resign and decided to co-opt Albert Varenne as an independent director, for the remainder of Éric Raynaud's term (until the end of the Shareholders' General Meeting convened to approve the financial statements for the year ending 31 March 2028). This...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, has today set a new date for announcing its PILOT 28 strategic plan, which will be unveiled on 9 January 2024 after trading, instead of on 11 January after trading. FIGEAC AÉRO will unveil its new strategic ambitions for 2028 on 9 January 2024. The pillars of this bold new business plan, PILOT 28, will be based on the following guiding themes: Consolidation and development of the Group's leadership,...

24.9% organic revenue growth, driven by rising build rates in commercial aerospace Current EBITDA margin improved by 110bp 11.0%, thanks to effective management of short-term operational challenges €11.5 million increase in free cash-flow generation to €9.3 million Reinforced Group's confidence that all its financial targets out to 2024 and 2025 will be met THE 3 GUIDING THEMES OF NEXT STRATEGIC PLAN PILOT 28 UNVEILED FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major...