The Figeac Aéro Group reported consolidated earnings results for the year ended March 31, 2016. For the year, the company reported revenue of EUR 252,369,000 compared to EUR 207,580,000 a year ago. Adjusted EBITDA was EUR 60,756,000 compared to EUR 50,641,000 a year ago. EBITDA was EUR 58,774,000 compared to EUR 49,334,000 a year ago. Recurring operating income was EUR 38,852,000 compared to EUR 33,386,000 a year ago. Operating income was EUR 37,047,000 compared to EUR 29,793,000 a year ago. Net profit (Group share) was EUR 31,163,000 compared to net loss (Group share) of EUR 21,556,000 a year ago. Net debt was EUR 96.6 million compared to EUR 113.8 million a year ago.

For the current financial year ending March 31, 2017, the company has set itself the objective of accelerating business growth by at least 35%. Its target revenue is between EUR 340 million and EUR 370 million, which factors in the uncertainty of certain aircraft manufacturers' throughput, with an EBITDA margin holding steady between 23-25%.

The group already has very good visibility and has reaffirmed its objective of generating revenue of EUR 500 million by March 2018.