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21st Austria weekly - FACC (30/03/2022)

03.04.2022

FACC: In the financial year 2021, after another challenging year for the entire aviation industry, aerospace company FACC AG achieved the predicted sales and operating results. Negative one-off effects caused by a lost legal dispute dating back to 2008 were processed. With new orders amounting to Euro 1 bn and the consistent implementation of the corporate strategy “FACC 2030”, FACC expects a growth in sales of approx. 10% for the financial year 2022. Starting in the second half of 2021, the aviation market has further stabilized, especially in the field of short- and medium-haul aircraft. In the business jet segment, which is of special importance to FACC, the pre-crisis level could be reached again as from Q3/2021. In the long run, the prospect is extremely good. Airbus expects a need for 39,000 commercial aircraft by 2040. Based on the good order situation, FACC will hire 200 new employees in Upper Austria alone and will expand the core business as well as the Urban Air Mobility and the Space segments with further investments in technology and growth.
FACC: weekly performance: 1.50%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (30/03/2022)


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21st Austria weekly - FACC (30/03/2022)


03.04.2022, 1190 Zeichen



FACC: In the financial year 2021, after another challenging year for the entire aviation industry, aerospace company FACC AG achieved the predicted sales and operating results. Negative one-off effects caused by a lost legal dispute dating back to 2008 were processed. With new orders amounting to Euro 1 bn and the consistent implementation of the corporate strategy “FACC 2030”, FACC expects a growth in sales of approx. 10% for the financial year 2022. Starting in the second half of 2021, the aviation market has further stabilized, especially in the field of short- and medium-haul aircraft. In the business jet segment, which is of special importance to FACC, the pre-crisis level could be reached again as from Q3/2021. In the long run, the prospect is extremely good. Airbus expects a need for 39,000 commercial aircraft by 2040. Based on the good order situation, FACC will hire 200 new employees in Upper Austria alone and will expand the core business as well as the Urban Air Mobility and the Space segments with further investments in technology and growth.
FACC: weekly performance: 1.50%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (30/03/2022)



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