Latecoere Clarifies Its 2023 Outlook
13 October 2023 - 7:21AM
Business Wire
Regulatory News:
In line with Latecoere Group’s 19 September H1 2023 results
outlook press release, the company’s management confirms its
expectation of ca. 35% full year revenue growth in 2023 on a
reported basis and an improvement in 2nd half versus 1st half 2023
recurring EBITDA. In addition, the company clarifies that its 24
March 2023 FY 2022 results outlook statement to achieve a stable
year on year recurring EBITDA performance will not be achieved.
About Latecoere
As a Tier 1 partner to major industrial OEMs (Airbus, BAE
Systems, Boeing, Bombardier, Dassault Aviation, Embraer, Honda
Aircraft Company, Lockheed Martin, Raytheon Technologies, Thales),
Latecoere serves the aerospace sector with innovative solutions for
a sustainable world. The Group operates in all segments of the
aerospace industry (commercial, regional, business, defense,
space), in two business areas:
- Aerostructures (55 % of sales as of December 31, 2022): doors,
fuselage, wings and empennage, connecting rods and customer
service;
- Interconnection systems (45 % of sales as of December 31,
2022): wiring, avionics furniture, on-board equipment, electronic
products and customer service.
At December 31, 2022, the Group employed 5 918 people in 14
countries. Latecoere is listed on Euronext Paris - Compartment B,
ISIN Code: FR001400JY13 - Reuters: AEP.PA - Bloomberg: AT.FP
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version on businesswire.com: https://www.businesswire.com/news/home/20231012421865/en/
Thierry Mahé / Media Relations +33 (0)6 60 69 63 85
LatecoereGroupCommunication@latecoere.aero
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