News & Videos - FIGEAC AERO - English - Page 2

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...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, has today released its revenue figures for the second quarter and first half of its financial year 2023/24 ended 30 September 2023. €m - IFRS Unaudited figures Q2 2023/24 Q2 2022/23 Chg. Org. chg. H1 2023/24 H1 2022/23 Chg. Org. chg. Aerostructures & Aeroengines 81.4 78.4 +3.8% +10.5% 163.7 138.0 +18.6% +23.7% Diversification Activities [1] 6.4 6.5 -1.2% -1.2% 17.5 12.3 +42.5% +42.5% Total revenue 87.8...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, is today announcing the appointment of Franck Porier as Head of CSR. This appointment fits into the Group's drive to incorporate CSR into the very heart of its development model. Franck Porier's new responsabilities will include structuring and coordinating the CSR strategy to be applied by the Group and each of its subsidiaries. He will also oversee Group efforts to consolidate and build on its CSR...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, provides an update on air traffic, the sales momentum in its flagship programme - the Airbus A350 widebody, and its impact on the Group's sales and profitability outlook. Alongside airline fleet replacements and upgrades, air traffic is another of the key factors driving growth in demand for new aircraft on the programmes that FIGEAC AÉRO is most exposed to (the A320 and A350). To a large extent, air...

A 10-year contract worth more than €30 million for a market high-runner [1] A high level of technical expertise, large volume production, in recognition of the Group's know-how Considerable development potential FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, today announces that it has finalised a new contract worth a total of more than €30 million with Safran Aircraft Engines (SAE) to produce the TRV exhaust casing for the LEAP-1B engine, which...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, announces that all the resolutions submitted to its Combined Shareholders' Meeting of 29 September 2023 have been approved, including those relating to the appointment of two new directors. All resolutions submitted by FIGEAC AÉRO's Board of Directors to the Combined Shareholders' Meeting held today, 29 September 2023, have been adopted. The Group's shareholders approved the following: the individual...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, announces the appointment of Pierre Albert as Director of Operations for North America and Diversification Activities effective from 18 September 2023. Pierre Albert is responsible for managing and supervising the development of the Group's North American subsidiaries - namely its facilities in Wichita (USA) and Chihuahua (Mexico) - and for the subsidiaries that make up its Diversification Activities...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, today released its revenue figures for the first quarter of its financial year 2023/24, ended 30th June 2023. €m - IFRS Unaudited figures Q1 2023/24 Q1 2022/23 Chg. Org. chg. 2023/24 YTD 2022/23 YTD Chg. Org. chg. Aerostructures & Aeroengines 82.3 59.6 +38.2% +40.2% 82.3 59.6 +38.2% +40.2% Diversification Activities [1] 11.1 5.8 +90.3% +90.3% 11.1 5.8 +90.3% +90.3% Total revenue 93.4 65.4 +42.8% +44.6%...

FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, has today announced the appointment of Thomas Girard, Commercial Director since 2019, to the position of Chief Operating Officer, replacing Didier Roux who is leaving the Group effective September 1, 2023. FIGEAC AÉRO's management evolves, with the appointment of Thomas Girard as Chief Operating Officer, alongside Jean-Claude Maillard, effective September 1, 2023. He is to replace Didier Roux, who,...

Revenue growth reached 21.2%, mainly driven by a strongly recovering aerospace industry Current EBITDA margin expanded by 30bp to 11.8% despite headwinds Operating result almost back to breakeven Free cash-flow positive at €5.4 million Some signs of improvement of the economic climate Financial targets specified for the short, medium and long term FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, has today released its full-year results for financial...

FIGEAC AÉRO (FR0011665280 – FGA FP), a leading partner for major aerospace manufacturers, today announced it will be attending the upcoming International Paris Air Show to be held at the Paris-Le Bourget Airport from 19 June to 25 June 2023. This will be an opportunity for the Group to showcase its unique know-how and meet all the industry's stakeholders. The first edition of the International Paris Air Show took place in 1909. Since then, it has become and remains the world's biggest event...