Revenues of EUR 118.1 million in Q1/2021 in line with FACC expectations
2020 implemented cost reduction programs are effective
Q1 /2021 EBIT positive at EUR 0.4 million
Positive free cash flow prior full repayment of all 2020 deferred tax
Guidance for EUR 500 million full year revenue and a balanced EBIT remains unchanged
3
AEROSPACE MARKET
FACC AG | Confidential and/or Proprietary
BUSINESS ENVIRONMENT
Accuracy of forecasts improving
Customer demands and associated aircraft build rates are stabilized
Air traffic recovery ongoing but uneven
between world economic regions
domestic versus international travel
Worldwide vaccination programs are supporting demand for air traveling
Market indications that single aisle airplanes will start slow ramp up in late 2021
Large wide-body build rates will stay stable for the time being
Business jet recovery ongoing
5
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FACC AG published this content on 05 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 May 2021 05:22:00 UTC.
FACC AG is an Austria-based company engaged in the aerospace and defense industry. The Company specializes in the manufacture of aircraft parts and components. It divides its business into three divisions: Aerostructures, Engines & Nacelles, and Interior. The Aerostructures division covers control surfaces, fairings and wing components. The Engines & Nacelles division provides engine and nacelles components. The Interior division offers interior design services for commercial aircraft, business jets/private jets, freighters and helicopters. The Companyâs services range from on-site support with field engineering, spares service, and repairs to assembly training of customer staff for components and systems delivered by the Company. The Companyâs products are manufactured at four production sites in Austria.
FACC AG 
