In the disputes with a supplier dating back to 2011, decisions have now been made against FACC that, contrary to the expert opinion of FACC's lawyers, could not have been expected in this form.
For this reason, the current EBIT guidance for the fiscal year 2021 cannot be met and is revised to an EBIT range of EUR -25 to -30 million.09.11.2021
EANS-Adhoc: FACC adjusts EBIT guidance due to extraordinary legal charges.
Contact
Michael Steirer
Vice President
Controlling / Investor Relations / Enterprise Risk Management
Tel.: +43/59/616-1468
Cell: +43/664/80-119-1468
E-Mail: m.steirer@facc.com
About FACC
FACC is a worldwide leading aerospace company in design, development and production of aerospace technologies and advanced aircraft lightweight systems. Being the technology partner of all major manufacturers, FACC works together with its customers on developing solutions for the mobility of the future. Every second, there is an aircraft taking off with FACC technology on board. In the fiscal year 2022, FACC achieved 607 million Euro in revenues. Approximately 3,500 people from over 45 nations are employed at 15 international locations worldwide, with around 3,000 of them based in Austria. The company is listed on the Vienna Stock Exchange. For more information please visit facc.com.