Austria's FACC H1 revenue rises on high global demand for new commercial aircraft
Austria's FACC H1 revenue rises on high global demand for new commercial aircraft
Overview
Austria aerospace tech provider's H1 2026 revenue grew 8.6% yr/yr to EUR 526.3 mln
EBIT for H1 2026 rose 38% yr/yr, EBIT margin improved to 4.8%
Company invested EUR 120 mln in new plant, expects 2026 revenue above EUR 1 bln
Outlook
FACC expects 2026 revenue growth of 10-15%, with annual revenue above EUR 1 bln
Company forecasts 2026 EBIT margin between 5.25% and 6.25%
Management sees aviation market as positive but challenging due to geopolitical uncertainties
Result Drivers
GLOBAL AIRCRAFT DEMAND - Co said continued high demand for new commercial aircraft drove revenue growth
EFFICIENCY PROGRAM - CORE efficiency program launched in 2024 improved cost structure and productivity, supporting EBIT margin gains
INVESTMENTS IN AUTOMATION AND CAPACITY - Co invested EUR 120 mln in new plant and EUR 6 mln in automation and digitalization to increase production rates and efficiency
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| EUR 526 mln |
|
H1 EBIT |
| EUR 25.30 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for FACC AG is €16.50, about 1.6% below its August 18 closing price of €16.76
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)