FACC (FACC) CMD 2025 Presentation summary

Market outlook and industry trends

• Global air traffic is projected to double every 15 years, with strong resilience to external shocks and a 3.8% annual passenger growth rate expected through 2043.

• Aviation industry growth is driven by infrastructure expansion, with 42 new airports, 160 new airlines, and 7,250 new routes since 2019.

• Single-aisle aircraft dominate demand, accounting for 79% of the 42,430 new aircraft deliveries expected between 2024 and 2043.

• Airbus holds a 51% share and Boeing 36% of the 17,084 aircraft order backlog, with Asia representing 41% of regional demand.

• All major OEMs are increasing build rates in 2025 to meet rising demand.

Strategic direction and business development

• FACC's growth strategy focuses on sustainability, resilience, and stakeholder value, emphasizing cost reduction, supply chain strength, and cash flow optimization.

• Expansion into new markets includes Advanced Air Mobility (AAM), new generation aircraft, and extending the core product portfolio.

• Global presence is being strengthened with new production sites, engineering centers, and partnerships in key markets.

• FACC positions itself as a Tier 1 partner, leveraging proprietary technology and design capabilities.

• R&D is focused on thermoplastic composites, automation, and digitalization to secure future competitiveness.

Financial performance and guidance

• Revenue grew by 20% in 2024 to EUR 884.5 million, with operating EBIT rising to EUR 28.3 million despite higher costs.

• All business divisions reported significant growth, with Aerostructures, Engines & Nacelles, and Interiors showing strong CAGR since 2020.

• Free cash flow was positive at EUR 7.7 million, but high inventories continue to weigh on cash flow.

• Net financial debt decreased to EUR 209.3 million, with a leverage ratio of 3.60; equity ratio improved to 31.2%.

• FACC targets 5-15% growth in 2025, with priorities on quality, supply chain stability, and efficiency improvements.