FIGEAC AÉRO exceeds its financial objectives for the third consecutive year

FIGEAC AÉRO, a major player in aeronautics, announces organic growth of 19.3% in its turnover for the 2023/24 financial year, reaching €397.2 million. The company also improved its current EBITDA to €52.2 million, with a margin of 13.2%. Free cash flow amounted to €24.1 million, exceeding expectations. Despite supply chain tensions, the company displays agile management and strong financial performance.

The Aerostructures & Aeromotors and Diversification Activities divisions show significant growth. The Aerostructures division recorded current EBITDA of €50.1 million, compared to €41.5 million in 2022/23. The consolidated net result improved to -€12.2 million, compared to -€18.1 million the previous year.

Financial performance is accompanied by control of working capital requirements, contributing positively to cash flow. FINAC AÉRO's net cash position remains stable at €88.7 million. The PILOT 28 strategic plan, launched in early 2024, is starting to bear fruit with commercial successes and advances in sustainability.