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What is Q1 2019 Financial Overview and Highlights about?

FACC reported financial results for Q1 2019, with revenues of EUR 193.7 million. While revenues decreased slightly in the Aerostructures segment due to phase-outs of some programs, revenues grew in the Engines & Nacelles and Cabin Interiors segments. Earnings before interest and taxes were EUR 7.4 million. The company has an order backlog of USD 6.5 billion and several business milestones were achieved in the quarter. Looking ahead, FACC issued a new promissory note loan and the global aerospace market fore

Author

John Smith

Language

EN