Austria's FACC 9M EBIT rises on cabin interiors division growth

Overview

• Austria aerospace supplier's 9-mo 2026 revenue rose 15% yr/yr to EUR 800 mln

• Operating profit for 9-mo 2026 rose 86% to EUR 40 mln, margin improved to 5%

• Company attributes gains to efficiency program and strong Cabin Interiors division

Outlook

• FACC confirms 2026 revenue growth forecast of 10-15%

• Company expects 2026 operating profit margin of 5.25-6.25%

• FACC says outlook depends on aircraft manufacturers meeting delivery schedules and stable global conditions

Result Drivers

• AVIATION DEMAND - Co said strong demand in aviation industry created growth opportunities

• EFFICIENCY PROGRAMME - Co said company-wide efficiency programme CORE drove improved results

• CABIN INTERIORS DIVISION - Co said higher delivery volumes for Airbus A320 family and business jets, plus expanded Croatia production, boosted Cabin Interiors earnings

Company press release: Full Story

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the aerospace & defense peer group is "buy"

• Wall Street's median 12-month price target for FACC AG is €18.60, about 36.6% above its November 10 closing price of €13.62

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads

• Nov 10 - Boeing jet deliveries drop 14% in October

• Nov 11 - Cathay Pacific orders 14 Airbus aircrafts to expand its fleet

• Nov 9 - Elmet Group Q3 revenue jumps 56% on aerospace demand

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)