| Market: Vienna | Symbol: FACC | ISIN: AT00000FACC2 | Industry: Aerospace & Defense |
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.
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.
| Currency | EUR |
| Previous Close | 7.07 |
| Change (%) | 1.00 |
| Market Cap (EUR) | 0.32 bn |
| Volume | 29,283 |
| Market | Vienna |
| Number of shares | 45,790,000 |
| List | Prime Market |
| 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 |
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.
| 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% |
| 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 |
| 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 |
