• Revenue up 10.6% to EUR 484.7 million in 1st half of 2025
• EBIT of EUR 18.4 million at expected level
• +123 new employees (FTE) compared to the 1st half of 2024
• Revenue of around EUR 1 billion is expected for the 2025 financial year.

>> In the first half of 2025, FACC AG was able to achieve a 10.6% increase in revenue to EUR 484.7 million (same period in 2024: EUR 438.3 million) despite a still challenging global environment. All divisions of FACC (Aerostructures, Cabin Interiors and Engines & Nacelles) reported a positive EBIT in the first half of 2025. Group EBIT of EUR 18.4 million is in line with management's expectations and is burdened by disruptions in international supply chains as well as high material and personnel costs (same period in 2024: EUR 22.5 million). Compared to the previous year, the number of employees increased by 123 employees (FTE).

Industry growth continues

The growth of the aviation industry continued in the first half of the year. While short-term adjustments took place in the market for passenger aircraft, which are as well in the first half of 2025 affected by supply chain problems in the engine sector, FACC was able to benefit in particular from the sustained positive development of the business jet market in the first half of 2025 due to its diverse product strategy. The long-term growth of the whole industry is illustrated by the worldwide record order backlog of over 17,500 passenger aircraft ordered. This is also reflected in FACC's order backlog, which rose to over USD 6 billion in the first half of 2025 due to new orders and rate increases.

FACC's global footprint strengthens resilience

Due to its global production and sales network of 15 international locations in Europe, America and Asia, FACC has a high level of resilience given the current geopolitical challenges. With the strengthening of the supply chain in India, the relocation of production of the COMAC C919 product range (structural and interior systems) to China and an increase in operating performance at the FACC plants in Croatia/Jakovlje and in Canada/Montreal, this location strategy could be further advanced in the first half of 2025. FACC's long-standing global location strategy is particularly advantageous in the current environment of geopolitical change.

Cost reduction and efficiency improvement program

The cost reduction and efficiency program, which has been in place since October 2024, is already showing results. This is illustrated by the increase in revenue with approximately the same number of employees since the end of the 2024 financial year. In addition, the focus in the first half of 2025 was on optimizing the supply chain and reducing material inventories. These have been significantly reduced since the end of the third quarter of 2024, thereby contributing to an improvement in cash flow.

Outlook

For the whole year 2025, the industry expects around 5 billion passengers for the first time. Airlines' demand for efficient and modern aircraft remains high. Despite ongoing supply chain challenges, all major aircraft manufacturers confirm their targets for the entire 2025 financial year at the end of the first half of the year. Based on the current market situation for the 2025 financial year, FACC management expects growth to continue and has specified its outlook at the half-year mark at around EUR 1 billion in group revenue, which corresponds to a revenue growth of over 10% compared to the previous year. The EBIT margin will continue to improve compared to the 2024 financial year due to effects from FACC's efficiency improvement program currently being implemented (2024: 3.2%).

You can access the photo gallery with impressions from the press conference HERE.