FACC (FACC) Q3 2026 earnings summary

Executive summary

• 9M 2026 revenue rose 14.7% YoY to €800.1m; EBIT increased 85.9% to €40.0m and margin improved to 5.0% from 3.1%.

• Q3 revenue rose 28.6% to €273.8m; EBIT reached €14.6m versus €3.1m, with margin of 5.3% versus 1.4%.

• 9M earnings after taxes were €24.8m versus €8.9m; EPS was €0.54 versus €0.20.

Financial highlights

• 9M gross profit rose to €88.7m from €65.3m; gross margin improved to 11.1% from 9.4%, and EBITDA increased to €68.1m from €48.6m.

• 9M operating cash flow rose to €69.9m from €41.3m; free cash flow increased to €50.3m from €25.0m.

• Net debt declined to €192.4m from €215.8m at year-end 2025.

Outlook and guidance

• FY 2026 guidance confirmed: revenue growth of 10%–15% and EBIT margin of 5.25%–6.25%; management expects results in the upper half based on current orders and deliveries.

• Q4 revenue and operating earnings expected in line with plan, assuming no short-term shifts in OEM orders or deliveries and no material change in known global conditions.

• The 2027 EBIT margin plan remains 8%; expected improvement includes materials costs, Cabin Interiors volume and labor benefits, productivity and cost control.

• Outstanding Engines & Nacelles AAM development milestones are expected to be completed in Q4, supporting a return to recent historical earnings levels by year-end.