FACC with strong sales increase in 2023 – Archyde

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Strong increases in construction rates at all major aviation companies worldwide would have led to a record number of incoming orders in 2023, according to the company headquarters in Ried. The long-term order book has a record volume of over .8 billion.

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Regarding the outlook, a press release on Thursday said: “According to current forecasts, the growth of the international aviation industry will continue in the following years.” FACC expects further sales growth of 10 to 15 percent and a further improvement in earnings for the 2024 financial year.

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According to preliminary results, sales climbed by 23 percent to 745.6 million euros, the operating result (EBIT) of 17.5 million euros more than tripled year-on-year, “but is due to inflation-related cost increases and a challenging global material supply burdened in the supply chain,” said the listed company.

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