FACC (FACC) Q2 2026 earnings summary

Executive summary

• Revenue for H1 2026 reached EUR 526.3 million, up 8.6% year-over-year, with EBIT rising 38% to EUR 25.3 million and EBIT margin improving to 4.8%.

• Free cash flow improved by 54% to EUR 48.9 million, supporting a reduction in net debt and leverage.

• Growth was driven by strong global demand, operational improvements, and the CORE efficiency program.

• Major investments include EUR 120 million for a new high-tech plant in Upper Austria and expansion of composite production in Croatia, with EUR 350 million planned group-wide by 2030.

• Recognized as Embraer Supplier of the Year for the third consecutive year and expanded partnerships in India and Croatia.

Financial highlights

• Revenue: EUR 526.3 million in H1 2026, up 8.6% year-over-year.

• EBIT: EUR 25.3 million, margin 4.8%, up from 3.8% in H1 2025.

• Free cash flow: EUR 48.9 million, up 54% year-over-year.

• Net debt reduced to EUR 182.7 million, leverage ratio improved to 2.05.

• EBITDA: EUR 44.8 million (H1 2025: EUR 36.6 million); EPS: EUR 0.33.

Outlook and guidance

• Revenue growth for 2026 guided at 10%-15%, with EBIT margin expected between 5.25%-6.25%.

• Management expects revenue to surpass EUR 1 billion for the first time in 2026.

• Growth in H2 2026 expected to be back-end loaded, with Q4 stronger than Q3.

• Management maintains a positive outlook despite supply chain and geopolitical risks.