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FACC AG (FACC.VI)

FACC.VI on Vienna Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Austria's FACC says 9M core profit increased more than tenfold
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Facc Ag ::Says revenues increased by 8.8 % to eur 564.0 mill in first nine months 2017/18‍​.Says earnings before interest, taxes (EBIT) amounted to eur 61.7 million in the first nine months of 2017/18 (comparative period 2016/17: eur 5.6 million).Says expects full year sales to increase to around eur 740 - 750 million.Says expects an operating result (adjusted for one-time effects) of eur 45-50 million for the 2017/18 financial year.  Full Article

Facc 9-month EBIT Up At 61.7 Million Euros
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - FACC AG ::CONFIRMS POSITIVE OUTLOOK FOR BUSINESS YEAR.9-MONTH REVENUES INCREASED BY 8.8 % AT RECORD LEVEL OF EUR 564.0 MILL.EBIT AMOUNTED TO EUR 61.7 MILLION IN FIRST NINE MONTHS OF 2017/18 (COMPARATIVE PERIOD 2016/17: EUR 5.6 MILLION).  Full Article

FACC AG H1 EBIT at EUR 29.7 mln​
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - FACC AG ::‍SOLID GROWTH IN REVENUES IN FIRST HALF YEAR 2017/18 OF +9.6% TO EUR 358.7 MILL.​.‍EARNINGS EXPECTATION FOR FISCAL YEAR 2017/18 CLEARLY POSITIVE​.‍COMPANY EXPECTS A MODERATE GROWTH IN REVENUES FOR 2017/18 FINANCIAL YEAR​.‍H1 EBIT OF EUR 29.7 MILLION (COMPARATIVE PERIOD 2016/17: EUR 0.0 MILLION AFTER ONE-OFF EFFECTS)​.‍WILL CONTINUE TO PURSUE A SALES TARGET OF ONE BILLION EUROS FOR 2020/ 2021 FINANCIAL YEAR​.  Full Article

Facc says Robert Machtlinger appointed CEO
Tuesday, 14 Feb 2017 

Facc AG :Supervisory board of Facc AG has appointed Robert Machtlinger as new CEO of group in its meeting on 13 February 2017.  Full Article

Facc Q1 2016/17 revenues up at 164.9 mln euros
Wednesday, 13 Jul 2016 

Facc AG : In the first quarter of 2016/17, revenues amounted to 164.9 million euros ($182.41 million)(comparative period in 2015/16: 136.7 million euros) . EBIT amounted to 2.6 million euros in the first quarter of 2016/17 (comparative period 2015/16: 1.2 million euros). . CEO: "in addition to double-digit revenue growth for FY 2016/17, our focus will mainly be on the achievement of our earnings targets, which we will meet in line with the expectations of our stakeholders" .Q1 net loss after taxes adjusted for change in fair values of derivative financial instruments 1.5 million euros versus loss 0.4 million euros year ago.  Full Article

FACC nominates Ale Stárek as new CFO
Monday, 11 Jul 2016 

FACC AG : Nominates Ale Stárek as new Chief Financial Officer (CFO) .Ale Stárek as new CFO of FACC AG for a period of 3 years as of October 1, 2016.  Full Article

FACC: FACC International nominates a member of the supervisory board
Thursday, 30 Jun 2016 

FACC AG : FACC International Company Limited exercises its right of designation .Mr. He Shengqiang was designated as new member of supervisory board by immediate effect.  Full Article

FACC AG: Walter Stephan (CEO) revoked by supervisory board
Wednesday, 25 May 2016 

FACC AG : In supervisory board meeting, held on May 24, 2016, Walter Stephan (CEO) was revoked by supervisory board as chairman of management board of FACC AG with immediate effect for important reason .Robert Machtlinger was appointed as interim CEO of FACC AG.  Full Article

Facc FY 2015/16 revenue up 11.1 pct at 587.5 million euros
Wednesday, 25 May 2016 

FACC Operations GmbH : FY revenue up 11.1 percent at 587.5 million euros ($655.0 million) . Dynamic growth of the aviation industry for 2016/17 expected . FY EBIT amounted to -23.4 million euros (2014/15: -4.5 million euros) .Sees FY 2016/17 sales growth in double-digit percent range.  Full Article

Facc AG comments on FY 2015/2016 outlook
Friday, 8 Apr 2016 

Facc AG:For FY 2015/16 expects an 11 pct increase in revenues to about 585 million euros and increase of operating earnings (EBIT) compared to FY 2014/15 - before negative one-off effects from the "Fake President Incident".  Full Article

BRIEF-Austria's FACC wins new order from Bombardier

* secured an order regarding the production of the rudders for the new short-haul jet of the Canadian aircraft manufacturer