The Figeac Aéro Group (ticker symbol: FGA), a reference partner of leading aeronautics industry companies, is proud to announce that it was awarded the Factory of the Future and Industrial Performance prize at the Trophées 2016 de l'Aéronautique event.

The Group's Factory of the Future, based at the Figeac site, will be one of the most modern in Europe with about 12 automated in-line machining units, a robotised metal part deburring system, an automated washing unit and an automatic 3-dimensional part control system. The factory will be a model of success in terms of technology, process and performance.

Organised by the Tribune Toulouse, this must-see event of the aeronautics industry is dedicated exclusively to SME and mid-tier companies in the aeronautics supply chain. This meeting allows to discover new business lines and specialties in the world of aeronautics today for the airplanes of the future.

"We are very happy to win this new prize that fully reflects the state of mind of our company: industrial performance as a driver for growth" declared Jean-Claude Maillard, Founding Chairman of Figeac Aéro.

With a solid industrial footprint, the Group plans to continue its dynamic growth and maintain its ambitious objectives to March 2020 with revenue between €650 and 750 million[1], i.e. a nearly three-fold increase in business in four years, accompanied by a stable EBITDA margin at present levels.
 

ABOUT FIGEAC AERO

 

The FIGEAC AÉRO Group, a leading partner of major aerospace manufacturers, specialises in the production of light alloy and hard metal structural parts, engine parts, landing gear parts and sub-assemblies. An international group with a workforce of over 1,900 employees, FIGEAC AÉRO operates in France, the United States, Morocco, Mexico and Tunisia. In the year ended 31 March 2016, the Group reported annual revenue of €252.3 million. Its year-end order backlog was €3.9 billion.

 

FIGEAC AERO
Jean-Claude Maillard
Chief Executive Officer
Phone: 05 65 34 52 52
ACTUS Finance & Communication

Corinne Puissant
Analyst/Investor Relations
Phone: 01 53 67 36 77 / cpuissant@actus.fr
Jean-Michel Marmillon
Press Relations
Phone : 01 53 67 36 73 / jmmarmillon@actus.fr 

   
   
 

[1] Based on €/$ parity of 1.18


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Full and original press release in PDF:
https://www.actusnews.com/documents_communiques/ACTUS-0-46025-FIGEAC-TROPHEE-AERO-VDEF-UK.pdf

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FIGEAC AERO RECOGNISED AT "TROPHEES DE L’AERONAUTIQUE 2016"

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