Q1 2024

May 8th, 2024

FACC AG - Confidential and/or Proprietary

Classified by FACC: TLP

Q1 2024 KEY TOPICS Proprietaryand/or Confidential-

AGFACC

2

06.05.2024

HIGHLIGHTS Q1 2024

  • 2024 marks the 35th anniversary of FACC
  • Revenue growth of 24.4 percent compared to the first quarter of 2023
  • EBIT increase to EUR 9.90 million
  • Headcount successfully expanded to 3,612 (+602 FTEs compared to Q1 2023)
  • Customer demand confirms further production rate increases
  • 2024 revenue guidance confirmed (+10-15 percent yoy)

FACC AG - Confidential and/or Proprietary

3

06.05.2024

DEVELOPMENT OF THE DIVISIONS

ALL BUSINESS SEGMENTS GROW IN LINE WITH THE MARKET [Q1 YTD]

Aerostructures

Engines & Nacelles

Interiors

Revenue in million EUR

Revenue in million EUR

Revenue in million EUR

100

90

80

70

60

50

40

30

20

10

0

100

90

CAGR +20%

87,2

78,7

83,7

90

80

71,1

CAGR +28%

80

70,3

70

70

60

56,7

58,6

60

49,9

Proprietary

39,9

40

48,2

46,3

CAGR +4%

50

50

40

32,9

31,4

and/or

28,3

30

30

22,6

Confidential

10

10

20

20

0

0

AG -

Q1 2020

Q1 2021

Q1 2022

Q1 2023

Q1 2024

Q1 2020

Q1 2021

Q1 2022

Q1 2023

Q1 2024

Q1 2020

Q1 2021

Q1 2022

Q1 2023

Q1 2024

FACC

4

06.05.2024

Classified by FACC: TLP

FINANCIALS

Proprietaryand/or

Confidential-

AGFACC

5

06.05.2024

REVENUES AND EBIT

Are in line with management expectations

Revenue development

EBIT development

in million EUR

CAGR +6%

250

20

222,3

202,4

15

200

187,4

192,0

162,7

159,1

Ø 172

10

150

142,7

149,4

5

127,5

100

0

-5

50

-10

0

-15

in million EUR

3,0 3,1

1,3

-1,9

14,9

12,5

9,9

0,0

-10,0

FACC AG - Confidential and/or Proprietary

Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024

Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024

6

06.05.2024

FREE CASH FLOW

Investment increase due to plant expansion in Croatia

Free Cashflow Q1 2024

in million EUR

21,3

9,9

11,4

14,2

34,3

10,0

-37,3

Reported Depreciation, EBITDA

Other

Changes

Net

Free

EBIT Amortisation,

in Working Investments

Cashflow

Impairments

Capital

Free Cashflow Q1 2023

in million EUR

8,2 1,9

0,0 8,2

60,9

2,3

-53,1

Reported Depreciation, EBITDA

Other

Changes

Net

Free

EBIT Amortisation,

in Working Investments

Cashflow

Impairments

Capital

FACC AG - Confidential and/or Proprietary

7

06.05.2024

FINANCIAL STATUS

Controlled Investments and lower Leverage

Investments development

in million EUR

45

34,4

35,1

36,2

30

29,3

28,3

23,3

25,3

11,1*

*

5,9*

13,1

17,6

11,6*

15

9,0*

11,5

18,2

19,4

1,5

*

15,2

11,7

8,6

10,0

0

2016/17 2017/18 2018/19 SFY 2019

2020

2021

2022

2023 Q1 2024

* Additions contract costs (re-classification since 31.12.2021)

8

6

3

0

Leverage (NetDebt/EBITDA) development

Ratio

4,97

4,25

3,53

3,70

3,63

3,28

Proprietary

2,42

and/or

1,96

FACC AG - Confidential

2016/17 2017/18 2018/19

2019

**

2021

2022

2023

Q1 2024

2020

interpolated

excl.

interpolated

Legal

** Value is based on an extrapolation of EBITDA to twelve months

06.05.2024

Classified by FACC:

OUTLOOK

STRENGTH THROUGH DIVERSITY

FACC AG - Confidential and/or Proprietary

9

06.05.2024

KEY PRIORITIES 2024

Outlook

  • Continue Sales growth approx. 10-15% and use current momentum in the aerospace industry ramp-up
  • Manage Industry Ramp-up, further stabilizing supply chains and leveraging the efficiency of trained employees
  • Completion of plant 6 extension in Croatia, and further work transfers
  • Continuously increase Cash Flow & Profitability
  • Achieve Leverage Target ≤ 4,25
  • Benefit from positive industry development and further strengthen FACC's market position

FACC AG - Confidential and/or Proprietary

10

06.05.2024

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Disclaimer

FACC AG published this content on 06 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 May 2024 05:26:06 UTC.