FACC AG operates in the Aircraft engines and engine parts sector.
In addition to historical fundamental analyses, the complete report available to purchase compares FACC AG with three other
aircraft manufacturers in Europe:
Figeac Aero Sarl
of FRANCE
(2020
sales of 446.71 million Euros [US$523.08 million]
of which 88%
was Aerostructure),
Latecoere SA
of FRANCE
(413.23 million Euros [US$483.88 million]
of which 61%
was Aeronautical Structures), and
Senior PLC
which is
based in UNITED KINGDOM
(£733.60 million [US$1.00 billion]
of which 72%
was Aerospace).
Sales Analysis.
During the second
quarter of 2021, sales at FACC AG totalled
122.09 million Euro.
This is
an increase of 24.1%
from the 98.35 million Euro in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 240.19 million Euro, which is
17.8% lower
than through the first two quarters of 2020.
FACC AG reported sales of 526.89 million Euro (US$616.97 million)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 34.0%
versus 2019, when the company's sales were 798.04 million Euro.
The sales level in 2020 was fairly close to the level five years ago: in 2015, FACC AG had sales
of 528.91 million Euro.
Contributing to the drop in overall sales was the 37.0% decline
in Engines and Nacelles, from 182.86 million Euro to 115.28 million Euro.
There were also decreases in sales in
Cabin Interiors (down 29.8% to 226.87 million Euro)
and
Aerostructures (down 36.8% to 184.74 million Euro)
.