Edition:
India

Latecoere SA (LAEP.PA)

LAEP.PA on Paris Stock Exchange

2.94EUR
20 May 2019
Change (% chg)

€-0.08 (-2.64%)
Prev Close
€3.03
Open
€3.03
Day's High
€3.03
Day's Low
€2.91
Volume
116,114
Avg. Vol
160,880
52-wk High
€5.35
52-wk Low
€2.32

Latest Key Developments (Source: Significant Developments)

Latecoere Q1 Revenue Up By 16.8 Pct To EUR 182.6 Million
Wednesday, 17 Apr 2019 

April 17 (Reuters) - LATECOERE SA ::LATÉCOÈRE REPORTS REVENUE GROWTH OF 12.8% IN THE FIRST QUARTER OF 2019 ON A COMPARABLE BASIS.IN Q1 OF 2019, LATÉCOÈRE GROUP'S REVENUE GREW BY 16.8% TO EUR 182.6 MILLION.2019 GUIDANCE REITERATED.  Full Article

Latecoere Opens New Plant In Bulgaria
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - LATECOERE SA ::LATÉCOÈRE OPENS NEW PLANT IN BULGARIA.TOTAL INVESTMENT BUDGET OF AROUND EUR15 MILLION HAS BEEN ALLOCATED TO FACTORY FROM NOW UNTIL 2020.GROUP AIMS TO BUILD UP SITE BY THE END OF 2019.  Full Article

Latecoere FY Adjusted Recurring Operating Profit Up At EUR ‍​51.1 Mln
Tuesday, 6 Mar 2018 

March 6 (Reuters) - LATECOERE ::FY ADJUSTED NET INCOME EUR 3.0‍​ MILLION VERSUS EUR 30.5 MILLION YEAR AGO.FY ADJUSTED RECURRING OPERATING PROFIT EUR ‍​51.1 MILLION VERSUS EUR 47.9 MILLION YEAR AGO.FY RECURRING FREE CASH FLOW FROM OPERATIONS AT EUR 63.9 MILLION.CONFIDENT IN ABILITY TO GAIN MARKET SHARE AMONG NEW CLIENTS IN 2018.2018 REVENUE EXPECTED TO INCREASE SLIGHTLY VERSUS 2017 AT CONSTANT EXCHANGE RATES.FROM 2019, TARGETS BUSINESS GROWTH WITH PROFITABILITY LEVEL AND CASH GENERATION ABOVE 2017 LEVELS.GRADUAL RAMP-UP OF NEW INDUSTRIAL SITES WILL BE TEMPORARILY REFLECTED IN 2018 OPERATIONAL PERFORMANCE.  Full Article

Latecoere FY Revenue Down At 652.5‍​ Million Euros
Wednesday, 7 Feb 2018 

Feb 7 (Reuters) - LATECOERE ::FY REVENUE EUR 652.5‍​ MILLION VERSUS EUR 655.2 MILLION YEAR AGO.CONFIRMS 2017 OUTLOOK.  Full Article

Latecoere Announces Contract with Stelia Aerospace
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - LATECOERE ::SELECTED BY STELIA AEROSPACE TO MANUFACTURE AN EMERGENCY EXIT DOOR FOR THE BOMBARDIER GLOBAL 7000‍​.FIRST DELIVERY IS SCHEDULED FOR SEPTEMBER 2018‍​.  Full Article

Latecoere Contracts Financing Of 55 Million Euros With European Investment Bank
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - LATECOERE ::CONTRACTS FINANCING OF EUR 55 MILLION WITH EUROPEAN INVESTMENT BANK (EIB).FUNDING WILL SUPPORT THE PLANNED INVESTMENTS AS PART OF TRANSFORMATION 2020 PLAN.  Full Article

Latecoere Wins New Contract With Boeing For 777 Program‍​
Monday, 4 Dec 2017 

Dec 4 (Reuters) - LATECOERE ::WINS A NEW CONTRACT WITH BOEING FOR THE 777 PROGRAM‍​.BOEING CHOSE LATÉCOÈRE TECHNOLOGY TO EQUIP THE COCKPITS OF EMIRATES' EXISTING FLEET OF 777S.COCKPITS TO BE EQUIPPED WITH SWITCHBOARD AND DIGITAL-TO-ANALOG CONVERTER.  Full Article

Latecoere Q3 total revenue for ongoing operations down at 144.6 million euros
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - LATECOERE ::Q3 TOTAL REVENUE FOR ONGOING OPERATIONS EUR 144.6 MILLION VERSUS EUR 154.6 MILLION YEAR AGO.REFINED ITS 2017 FORECAST AND NOW EXPECTS A SLIGHT DOWNTURN IN YEARLY REVENUE OF 1% TO 3% AT CONSTANT EXCHANGE RATES ‍​.ADJUSTED RECURRING OPERATING INCOME IS STILL EXPECTED TO IMPROVE AND FREE CASH FLOW FROM OPERATIONS IS EXPECTED TO BE POSITIVE‍​.  Full Article

Latecoere selected to supply the Airbus Helicopters H175 cockpit control panels‍​
Thursday, 14 Sep 2017 

Sept 14 (Reuters) - Latecoere ::SELECTED TO SUPPLY THE AIRBUS HELICOPTERS H175 COCKPIT CONTROL PANELS‍​.CONTRACT OF 5 YEARS, BASED ON A ESTIMATE OF AROUND 500 UNITS PER YEAR.THE FIRST DELIVERIES WILL BEGIN IN EARLY 2018.  Full Article

Latecoere wins contract with Boeing for the 777x‍​
Tuesday, 12 Sep 2017 

Sept 12 (Reuters) - LATECOERE ::WINS CONTRACT WITH BOEING <<>> FOR THE 777X.SELECTED BY BOEING TO PROVIDE VIDEO ON BOARD EQUIPMENT INCLUDING CAMERAS AND MONITORS FOR THE 777X .  Full Article

Searchlight Capital to buy 26 percent stake in France's Latecoere

PARIS Investment company Searchlight Capital Partners has agreed to buy a 26 percent stake in French aeronautics company Latecoere for around $106.8 million, as activist funds continue to flex their muscles.