FIGEAC AÉRO The leading partner for major aerospace manufacturers
Revenue Q4 2023/24
14 May 2024
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GROUPE | Q4 2023/24 revenue release | 14 May 2024 | 2 |
Flight plan
1. KEY FIGURES AS AT 31 MARCH 2024
2. FOCUS ON AEROSPACE INDUSTRY
3. BUSINESS DEVELOPMENT
4. OUTLOOK
01 | Key figures as at |
31 March 2024 |
01
Full-year revenue
Evolution of revenue (in €m) | |
Q4 2023/24 | FY 2023/24 |
+16.0% |
16.3%
OTHER CLIENTS 14% | |
ROLLS ROYCE 2% | AIRBUS |
COLLINS 2% | ATLANTIC 30% |
EMBRAER 5% |
+19.3% org. |
+19.4%
+15.9% | 14,6% |
+19,1% org. | |
+17,5% org. | |
+1.8%
+19.3% org.
SPIRIT 10%
SAFRAN 23%
OTHER
PROGRAMMES 26%
A330 4%
Part revenue1
by client
AIRBUS 14%
A350 29%
Part revenue1 by programme
FY 2023/24: €397.2m, 19.3% organic growth Annual objective surpassed (€375-390m)
1 Data in % based on Figeac scope
GLOBAL 7500 5%
LEAP 12%
A320 24%
GROUPE | Q4 2023/24 revenue release | 14 May 2024 |
5
02 | Focus on |
aerospace |
industry
02
Commercial aerospace: a positive Q1 despite Boeing difficulties
2023 | 2024 YTD2 | Outlook | ||
Passenger traffic | RPK1, yoy chge | +36.9% | +16.9% | c. 3.7% per annum |
RPK1, % of 2019 level | 94.1% | > 105% | over next 20 years | |
Available capacity | ASK1, yoy chge | +31.0% | +14.8% | |
Load factor | Average (yoy chge) | 82.3% (+3.6 pt) | 80.8% (+1.5 pt) | |
Deliveries | Commercial aircraft (yoy chge) | 735 (+11%) | 142 (+12%) | 800 (2024) |
Net orders | 2,094 (+155%) | 170 (+20%) | ||
Backlog | Commercial aircraft | 8,598 | 8,626 | |
A350 | Average deliveries / mo (yoy chge) | 5,3 (+3%) | 2,3 (+40%) | 12 (2028) |
A320 (family) | 48 (+11%) | 39 (+9%) | 75 (2026) | |
Deliveries | Commercial aircraft (yoy chge) | 505 (+9%) | 80 (-38%) | |
Net orders | 1,576 (+104%) | 125 (=) | ||
Backlog | Commercial aircraft | 6,216 | 6,259 | |
B737 MAX | Average deliveries / mo (yoy chge) | 32 (=) | 22 (-41%) | 50 (2025/26) |
1 RPK : revenue-passenger kilometers, ASK : available-seat kilometers 2 data as at 31 March 2024 Source: IATA, Airbus, Boeing
GROUPE | Q4 2023/24 revenue release | 14 May 2024 | 7 |
02
A350 widebody upswing : an important growth reservoir for FIGEAC AÉRO
2023 | 2024 YTD | ||||||
Net orders | Deliveries | Backlog | Net orders | Deliveries | Backlog | ||
A350-900 | 148 | 52 | 400 | 19 | 4 | 415 | |
A350-1000 | 118 | 12 | 171 | 47 | 3 | 215 | |
A350F | 15 | 50 | 5 | 55 | |||
Total | 281 | 64 | 621 | 71 | 7 | 685 |
Rate objective increased from 10 / mo in 2026 to 12 / mo in 2028
Full-year, full rate increase impact would be up to €34m
GROUPE | Q4 2023/24 revenue release | 14 May 2024 | 8 |
03 Businessdevelopment
03
Numerous advances, in line with PILOT 28 objectives
New gains | RFQ | €3.9bn | Presence |
representing >7% of the | continuation of strong RFQ | (backlog | on major events |
FY 2027/28 objective | activity in all segments | as at 30 April 2024) | |
Eurosatory (17-21 June) | |||
- LEAP delays | Farnborough (22-26 July) | ||
+ A350 rate increase |
GROUPE | Q4 2023/24 revenue release | 14 May 2024 | 10 |
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Figeac Aéro SA published this content on 15 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2024 11:39:05 UTC.
