2023-07-05 06:02:00
(AOF) – Over the whole of the 2022-2023 financial year, Figeac Aéro recorded revenue growth of 21.2% (+14%) compared to the previous financial year, to 341.6 million euros, thus reaching its sales target. The group is in line with its trajectory of returning to pre-crisis turnover levels (447 million euros in March 2020). Over the full year, operating profitability continued to improve with an EBITDA margin of 11.8% of revenue, up 30 basis points compared to fiscal year 2021/22.
In absolute value, recurring EBITDA came to 40.3 million euros, reflecting, as announced, a strong improvement in the second half of the year at 25.4 million euros, ie a margin of 13.3%. The group thus achieved its profitability target for the year.
Figeac Aéro’s net loss fell over the period to €18.1 million compared to a loss of €43.1 million in 2021-2022.
In terms of prospects, the group has set itself for the 2023-2024 financial year to achieve a turnover of between 375 and 390 million euros, with a current Ebitda between 48 and 53 million euros.
AOF – LEARN MORE
The end of a duopoly?
For several decades, the American Boeing and the European Airbus have shared 99% of the world market for airliners with more than 110 seats. This market weighs more than 100 billion dollars per year. However, this duopoly seems to be weakened in 2022 for several reasons. First, for the first time, two medium-haul single-aisle aircraft, the Chinese Comac’s C919 and the Russian Irkut’s MC-21, are about to enter service. Added to this is the Boeing 737 MAX crisis. With the cessation of deliveries of this aircraft between 2019 and 2021, the production balance has been broken. In 2021 Boeing posted 340 deliveries, with Airbus remaining well ahead with 611.
1688545994
#continued #today.. #Figeac #Aéro