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FACC AG / FACC reports solid growth in revenues and earnings
Press Wire ♦
Published: July 16, 2015; 08:32 ♦ (Vindobona)
The solid performance of the commercial aerospace market had a positive effect on the development of Group's revenues in the first quarter of 2015/16. In the first quarter of 2015/16, revenues amounted to EUR 136.7 million (Q1 2014/15: EUR 119.7 million). This 14.2% growth in revenues was mainly driven by the increase in product revenues from EUR 108.2 million in Q12014/15 to EUR 125.1 million in Q1 2015/16. Product revenues were mainly driven by the Boeing 787 and 737, Airbus A321, Airbus A350 XWB and A380 as well as Bombardier Challenger 350 and Embraer Legacy 450/500 programs.
FACC AG / FACC reports solid growth in revenues and earnings / Picture: © Vindobona.org
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Financial Figures/Balance Sheet/3-month report
16.07.2015
- Product revenues 15.6 % above the previous year's figure
- Earnings improvement of EUR 6.5 mill.
- Firm order backlog of USD 5.5 bn…
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