|In € million||H1 2011||H1 2011||Change|
- Revenue excluding non-recurring items
- Non-recurring items
|Engineering and Services||40.6||37.5||+8.2%|
Revenue excluding non recurring items
Sustained growth in activity
In H1 2012, the Group posted revenue, excluding non-recurring items, of €290.3 million, up 11.1% year on year. At a constant €/$ exchange rate, organic growth stood also at 10.5%.
The Group recorded on the period an additional non-recurring revenue of €62.5 million corresponding to billing of development costs (refer to press release dated February 2, 2012). As a result, total consolidated revenue reached €352.8 million.
After reporting a +19.9% growth in Q1 2012, Latécoère posted revenue of €146.8 million in Q2 2012, a 3.7 % increase over the same period last year, consistent with the overall expected 10 % growth over fiscal year 2012 communicated by the Group on February 21, 2012.
Order book : 4 years of revenues
As of June 30, 2012 and on the basis of a €/$ exchange rate of 1.25, the order book - which includes only firm orders announced by aircraft manufacturers - amounts to €2.2 billion. It represents about 4 years of revenue, and demonstrates the relevance of the multi-client platform built by the Group, which is confirmed for all the major, determinant programs launched for commercial, regional and corporate aircraft in the medium and long term.
Latécoère is a tier 1 partner to major international aircraft manufacturers (Airbus, Embraer, Dassault, Boeing and Bombardier), in all segments of the aeronautical market (commercial, regional, corporate and military aircraft), specializing in three fields:
- Aerostructures (59% of total revenue): fuselage sections and doors.
- Interconnexion systems (27% of total revenue): onboard wiring, electrical harnesses and avionics bays.
- Engineering and Services (14% of total revenue): design, stress analysis and definition of industrial products - design, manufacturing & maintenance of tooling and special assemblies.
The Group employs 4,175 people, in 9 countries.
Latécoère had total consolidated revenues of €575.6 million in 2011 and as of June 30, 2012 its order book stood at €2.2 billion (based on a USD/EUR exchange rate of 1.25).
Latécoère, a French corporation (société anonyme) with capital of €18,621,608 divided into 9,310,804 shares with a par value of €2 per share is listed on Euronext Paris - Compartment C.
ISIN code: FR0000032278 - Reuters code: LAEP.PA - Bloomberg code: LAT.FP
Bertrand Parmentier / Executive VP & CFO
Tel.: +33 5 61 58 77 00
Corinne Puissant / Investor Relations
Tel.: +33 1 53 67 36 57 - email@example.com
Anne-Catherine Bonjour / Media Relations
Tel.: +33 6 53 67 36 93 - firstname.lastname@example.org
Communiqués au titre de l'obligation d'information permanente :
- Communiqué sur comptes, résultats, chiffres d'affaires Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-28803-latecoere---ca-s1-2012-vuk-27_07_vd.pdf © Copyright Actusnews Wire
Recevez gratuitement par email les prochains communiqués de la société en vous inscrivant sur www.actusnews.com
Receive by email the next press releases of the company by registering on www.actusnews.com, it's free
|LATECOERE||Euronext Paris||4.8250||3.76%||187 244|