The Austrian aviation supplier FACC continued to grow in the first quarter of 2025, increasing its revenue by 14,1 percent to €231,0 million (previous year's quarter: €202,4 million). The company benefited from the ongoing recovery of the aviation industry and strong demand for modern commercial aircraft. However, ongoing disruptions in international supply chains and increased material and personnel costs had a negative impact on the operating result, resulting in an operating result of €4,3 million (previous year's quarter: €9,9 million). The number of employees increased by 46 full-time equivalents in the first quarter.
The ongoing unstable global supply chain situation is exerting sustained pressure on material prices, which also affects FACC's inventory management. Furthermore, the potential introduction of tariffs in the aviation industry poses additional challenges for the sector. To counteract these developments, FACC is consistently continuing its initiated cost optimization and efficiency improvement program. This program is expected to lead to a sustained improvement in earnings by the end of 2026. The funds of EUR 2025 million received in connection with the so-called "Fake President Incident" in China and reimbursed by the Republic of Austria at the end of March 10,8 were recorded as receivables and therefore have no direct impact on earnings.
FACC's management reaffirms its previous forecast for the current 2025 fiscal year. Revenue growth of between 5 and 15 percent is still expected. Operating profit is expected to improve further over the course of the year due to expected economies of scale and the positive effects of the efficiency improvement program.
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