Market: Vienna Symbol: FACC ISIN: AT00000FACC2 Industry: Aerospace & Defense
Corporate profile

FACC is a global aerospace leader when it comes to designing, developing and manufacturing advanced aircraft components and systems. As a technology partner of all major aircraft and engine manufacturers, we are collaborating closely with our customers in order to devise solutions for the mobility of tomorrow. All over the world, an aircraft with FACC technology on board takes off every second.

Strategy

The aviation industry is and will remain our core market, expanding upwards and downwards in this decade. Drone technologies will open up the airspace directly above the ground for broad mobility applications. At the same time, we are witnessing the merging of aviation and space through the privatisation of aerospace. In all cases, our lightweight construction know-how is in high demand and we will expand our core business to include the "drone technology" and "space" markets.

Share Data 12/20/2024
Currency EUR
Previous Close 5.80
Change (%) -1.86
Market Cap (EUR) 0.27 bn
Volume 77,681
Market Vienna
Number of shares 45,790,000
List Prime Market
Group key figures (IFRS standards)
in EUR mill. 2021 2022 2023
Revenues and earnings
Revenues 497.6 607.0 736.2
EBIT –25.1 5.5 17.5
Net income –23.6 –1.0 9.1
Earnings per share (in EUR) –0.52 –0.02 0.20
Balance sheet and cashflow
Balance sheet total 644.5 654.0 706.5
Net working capital 80.2 116.5 125.1
Equity 206.0 203.5 220.6
Equity ratio 32.0% 31.1% 31.2%
Net Debt 177.8 188.6 209.3
Net Debt/EBITDA 4.79 4.25 3.7
Operating cashflow 82.3 5.5 36.6
Investments 11.7 8.6 19.4
Profitability
EBIT margin –5.0% 0.9% 2.4%
Employees (FTE) 2,538 2,919 3,456
Segments

Business operations are divided between the three segments Aerostructures, Engines & Nacelles and Cabin Interiors.

in EUR mill.   2021 2022 2023
Aerostructures Revenues 167.5 235.1 272.4
  EBIT –28.5 3.9 12.9
Engines & Nacelles Revenues 103.7 97.3 129.7
  EBIT 8.7 0.5 13.5
Cabin Interiors Revenues 226.4 274.6 334.1
  EBIT –5.2 1.0 –8.9

Aerostructures
Lightweight components for wings, tail units, and fuselages have been FACC’s core competence for more than 30 years. Apart from manufacturing them, FACC also is the go-to partner for their development, qualification, and certification. In this way, FACC’s customers get full-fledged turnkey solutions from a single source.

Engines & Nacelles
Plastic components that are used in and close to engines are exposed to extremely high mechanical stresses. At the same time, they must have low weight and meet stringent requirements in terms of noise abatement and aerodynamics. FACC develops and produces these components with cutting-edge manufacturing technologies.

Cabin Interiors
From overhead compartments to lavatories: FACC delivers seriesproduced ready-to-install interiors to aircraft manufacturers and airlines, but also custom-designed solutions for business jets. Apart from low weight, high functionality, and long lifetime, cabin interiors should also boast an appealing appearance and pleasantto-touch surfaces. Once again, FACC offers complete solutions from a single source.

Dividend
Fiscal year Dividend in EUR Payment date Dividend yield
2023 0.00 - 0.0%
2022 0.00 - 0.0%
2021 0.00 - 0.0%
2020 0.00 - 0.0%

In order to guarantee an adequate share in the company`s success in the future to shareholders, FACC strives for a distribution ratio of 20 to 30 percent.
Analyst coverage
Financial Coverage by Recommendation Target Price in EUR
Baader Bank SELL 5.6
ERSTE GROUP BUY 9.5
Hauck & Aufhäuser HOLD 6.6
Kepler Cheuvreux HOLD 7.2
Montega BUY 9.5
RBI HOLD 7.0
Stifel HOLD 7.0
Financial calendar
05/07/2024 Record date “Annual General Meeting”
05/08/2024 Interim Report Q1 2024
05/17/2024 Annual General Meeting
08/14/2024 Half-Year Financial Report 2024
11/13/2024 Interim Report Q3 2024