21st Austria weekly - FACC, voestalpine, Semperit ...

FACC: The aviation industry is continuing its recovery. In the first nine months of 2023, FACC AG achieved an increase in revenue of 22.5% to EUR 513.9 million compared to the same period of the previous year. EBIT reached EUR 5.0 million in the first nine months (2022: EUR 4.2 million). The high production rate in the aviation industry is also reflected in FACC's long-term order book, which recorded significant growth with a volume of USD 5.8 billion. According to the comapny, the result for Q3/2023 is impacted by seasonally lower revenues in the summer months, challenges with the procurement of materials along the supply chain, training expenses for new employees and inflation-related cost increases, particularly in the HR area. Group revenue in 2023 is expected to increase by over ...

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