Figeac Aéro: sales virtually stable in 1st quarter

(CercleFinance.com) - Figeac Aéro posted sales of €94 million for its first quarter 2024-25 (April 1 to June 30), up 0.
7% (+0.1% organic), against a backdrop of 'short-term challenges linked to the ongoing turnaround of the B737 MAX'.

This quasi-stability reflects a dynamic performance by the aerostructures and aero-engines division, partially held back by cyclical setbacks (+4%, of which +3.3% organic), and a 23.7% decline in diversification activities, due to an unfavorable base effect.

Against this backdrop, Figeac Aéro is maintaining all its financial targets, including sales of between €420 and €440 million, recurring EBITDA of between €67 and €73 million, and FCF of between €20 and €28 million for the 2024-25 financial year.

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