Preliminary results for the 2023 financial year




revenue of € 745.6 million in the 2023 financial year – up by 22.8 %
EBIT of € 17.5 million – in line with guidance
+536 new employees (FTE) in the 2023 financial year
further revenue growth of 10 - 15 % expected for the 2024 financial year


FACC AG achieved a 22.8 % increase in revenue to € 745.6 million in the 2023 financial year, thus successfully continuing its growth path. The annual revenue generated is the third-highest in the company's history and reflects the rapid recovery of the international aviation industry. EBIT of € 17.5 million more than tripled compared to the 2022 financial year, but was impacted by inflation-driven cost increases and global supply chain issues affecting the availability of materials.

Positive market environment

Strong construction rate increases recorded by all major aviation companies worldwide led to a record order intake in 2023. Due to the strong order situation, FACC was able to expand its workforce by 536 employees in the 2023 financial year – the long-term order book stands at a record value of more than USD 5.8 billion. According to the latest forecasts, growth in the international aviation industry is set to continue in the coming years. 

Outlook

In line with general projections and customer forecasts received, the management of FACC expects further revenue growth in the range of 10 - 15 % and continued improvements in earnings in the 2024 financial year.