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FACC AG records a significant increase in earnings in the third
Press Wire ♦
Published: January 22, 2015; 08:02 ♦ (Vindobona)
In the first three quarters of the fiscal year 2014/15, the FACC AG generated revenue of EUR 381.8 million. This means an increase of EUR 17.1 million or 4.7% compared to the year-on-year amount of EUR 364.7 million. Revenue growth was driven by increased product revenue of EUR 54.4 million or 18.8%, while revenue related to development services dropped by EUR -37.3 million or -49.7% at the same time. Product revenue picked up largely with respect to the Airbus A321, Airbus A350 XWB, Boeing 787, Boeing 737 and Bombardier Challenger 300.
FACC AG records a significant increase in earnings in the third / Picture: © Vindobona.org
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Financial Figures/Balance Sheet/9-month report
22.01.2015
· Revenue recorded an increase of 4.7 %
· Operating earnings in the third quarter at EUR 5.5 million
· New contracts and higher…
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