15.10.2018, 1371 Zeichen

FACC: Aircraft supplier FACC AG reported figures for the first six months of the 2018/19 business year. Sales in the first half of 2018/19 amounted to Euro 373.0 mn and were thus 4.0% higher than in the previous year (first half of 2017/18: Euro 358.7 mn). Earnings before interest and taxes (EBIT) of Euro 25.1 mn in the first half of 2018/19 were below the previous year’s figure of Euro 29.7 mn. A new major order from Airbus worth more than Euro 230 mn increased the Group's order backlog to USD 6.5 bn. Based on the Group's current market assessment and the current product mix, FACC expects revenue growth in the single-digit percentage to a range of Euro 760 - 770 mn for the financial year 2018/19 and an operating result between Euro 52 and 55 million. "We continue to attach great importance to intensify the cooperation with our global customers. Increasing our market share in the respective segments, implementing our innovation offensive in Research & Technology and expanding our new strategic business area After Market Services are among our key areas of focus. We are thus setting the course for further expanding our strong position as a preferred technology partner in the global aerospace industry" said FACC CEO Robert Machtlinger.
FACC: weekly performance: -2.93%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (15/10/2018)

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