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    LAT   FR0000032278

LATÉCOÈRE

(LAT)
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Latécoère and Devialet Develop the Very First Edition of Phantom Adapted to Aeronautics

10/13/2021 | 01:15am EST

Latécoère and Devialet have jointly developed the first high-fidelity loudspeaker for aeronautics. Latécoère and Devialet developed together a system promising an extraordinary sound experience. The acoustics specialist is proposing an adapted version of its iconic Phantom model, Phantom II Custom, which will be specifically stamped for Latécoère. While the aeronautical equipment manufacturer brings its expertise for its integration and certification in a flight environment, but also to make it compatible with the LiFi technology he developed and the intelligent 4k monitor. Latécoère is the exclusive distributor of this product, which will be available to the business aviation market from 2022.


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Financials
Sales 2021 372 M 421 M 421 M
Net income 2021 -35,9 M -40,7 M -40,7 M
Net Debt 2021 19,8 M 22,4 M 22,4 M
P/E ratio 2021 -6,22x
Yield 2021 -
Capitalization 268 M 303 M 303 M
EV / Sales 2021 0,77x
EV / Sales 2022 0,74x
Nbr of Employees 4 172
Free-Float 98,7%
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Mean consensus SELL
Number of Analysts 2
Last Close Price 0,51 €
Average target price 0,54 €
Spread / Average Target 5,94%
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Managers and Directors
Thierry Mootz Chief Executive Officer
Philippe Salats Group Chief Financial Officer
Pierre Gadonneix Chairman
Serge Berenger Director-Research & Technology
Laurence Dors-Meary Independent Director
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