Figeac Aero Sa · EURONEXT:FGA
Figeac Aero Sa — Q4 2023/24 Earnings Presentation
18 slides from Figeac Aero Sa's earnings presentation, May 14, 2024
Slide 1: The leading partner for major aerospace manufacturers
The leading partner for major aerospace manufacturers Revenue Q4 2023/24 14 May 2024 1 GROUPE
Slide 2: Disclaimer
Disclaimer Before reading this presentation, you acknowledge that you are fully aware of the observations and limitations below: This document was prepared by Figeac Aéro (the “Company”) exclusively for information purposes. The information and opinions contained in this document may be updated, sup
Slide 3: Flight plan
Flight plan 1. KEY FIGURES AS AT 31 MARCH 2024 2. FOCUS ON AEROSPACE INDUSTRY 3. BUSINESS DEVELOPMENT 4. OUTLOOK
Slide 4: Key figures as at March 2024
Sommaire 01 Key figures as at 31 March 2024
Slide 5: Full-year revenue FY 2023/24: €397.2m, 19.3% organic growth
01 Full-year revenue OTHER CLIENTS 14% Evolution of revenue (in €m) ROLLS ROYCE 2% AIRBUS COLLINS 2% ATLANTIC 30% Q4 2023/24 FY 2023/24 EMBRAER 5% +16.0% 16.3% +19.3% org. +19.3% org. Part revenue1 SPIRIT 10% by client +19.4% AIRBUS 14% +15.9% SAFRAN 23% 14,6% +19,1% org. +17,5% org. OTHER +1.8% PRO
Slide 6: Focus on aerospace industry
Sommaire 02 Focus on aerospace industry
Slide 7: Commercial aerospace: a positive Q1 despite Boeing difficulties
02 Commercial aerospace: a positive Q1 despite Boeing difficulties 2023 2024 YTD2 Outlook RPK1, yoy chge +36.9% +16.9% c. 3.7% per annum Passenger traffic 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
Slide 8: A350 widebody upswing: an important growth reservoir for FIGEAC AÉRO
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
Slide 9: Business development
Sommaire 03 Business development
Slide 10: Numerous advances, in line with PILOT objectives
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 ra
Slide 11: Outlook
Sommaire 04 Outlook
Slide 12: FY23/24 guidance revised upwards
04 FY23/24 guidance revised upwards FY23/24 FY24/25 1 REVENUE €397,2m €420-440m 2 RECURRING EBITDA €50-53m (vs €48-53m) €67-73m (=) 3 FREE CASH FLOWS €20-24m (vs €16-20m) €20-28m (=) Q4 2023/24 revenue release | 14 May 2024 12 GROUPE
Slide 13: PILOT 28: a new strategic horizon on March 2028
04 PILOT 28 : a new strategic horizon on March 2028 P I L O T Performance Optimisation of financial Transformation Innovation Low impact of sales performance of model New business Set of new extra- FCF generation €80 – 100m financial objectives c. €50m unveiled in 2024/25 Revenue between €550m and €
Slide 14: Q&A
Sommaire Q&A
Slide 15: Appendices
Sommaire Appendices
Slide 16: Our strategic positions on the main aircraft programmes
Our strategic positions on the main aircraft programmes A320 A350 B737 Global 7500 AEROSTRUCTURES AEROENGINES AEROSTRUCTURES AEROENGINES AEROSTRUCTURES AEROENGINES AEROSTRUCTURES AEROENGINES LEAP-1A TRENT XWB LEAP-1B PASSPORT 20 BUILD RATES BUILD RATES BUILD RATES BUILD RATES Shipset value1: Shipset
Slide 17: Glossary
Glossary Term / indicator Definition OEM (Original Equipment Aircraft manufacturers, engine manufacturers and other airframers Manufacturer) Build-to-Print The manufacture of parts and sub-assemblies by a sub-contractor based on plans and specifications provided by the client OTD (On-Time Deli
Slide 18: Address and investor contact
Address Zone industrielle de l’Aiguille 46100 FIGEAC FRANCE Investor and analyst contact Simon Derbanne VP Investor Relations +33 (0)5 81 24 63 91 simon.derbanne@figeac-aero.com