FACC (FACC) investor relations material

Executive summary

• Revenue increased by 11.8% year-over-year in Q1 2026 to €258.2 million, with all divisions contributing to growth and positive EBIT, and headcount rising to 4,017 FTE.

• Operating EBIT reached €9.7 million, more than doubling year-over-year, reflecting improved profitability across all business segments.

• New long-term contract signed with Embraer for Praetor 600E/500E cabin interiors, reinforcing industry partnership and earning "Supplier of the Year" recognition.

• Major capacity expansion announced: €120 million investment in a fully digitized, robotic-assisted Aerostructures plant in Upper Austria, with half the capacity already contracted.

• Workforce increased by 110 FTEs to support ramp-up and strategic milestones, with ongoing efficiency programs delivering lasting improvements.

Financial highlights

• Q1 2026 revenue: €258.2 million, up 11.8% year-over-year; Cabin Interiors up 26%, Aerostructures and Engines & Nacelles up 1% each.

• Operating EBIT: €9.7 million, with all divisions EBIT positive; EBIT margin improved to 3.8%.

• Free cash flow improved to €8.9 million from €3.5 million in Q1 2025, despite high inventories.

• Inventory increased to €194 million (28.5% of total assets) due to supply chain buffer needs.

• Equity ratio strengthened, net debt and leverage ratio declined, supporting investment plans.

Outlook and guidance

• 2026 revenue growth guidance maintained at 5%-15%, with further EBIT improvement expected; guidance reflects ongoing volatility and will be narrowed after Q2.

• Focus on operational efficiency, digitalization, and automation to support sustainable, profitable growth.

• All major customers ramping up production, creating unique growth opportunities; plant expansion for Aerostructures in St Martin to begin in Q4.

• Inventory levels targeted to decrease in H2 2026 as ramp-ups materialize.

• Energy costs for 2026 fully hedged; 30%-40% hedged for 2027.