The Figeac Aéro Group Reports Unaudited Consolidated Revenue Results for the First Quarter of 2017; Provides Earnings Guidance for the Year 2017-2018; Reaffirms Revenue Guidance for the Year 2020
For the year 2017- 2018 the company estimated at around EUR 65 million for the current financial year and less than EUR 50 million over the next financial year, is in accordance with its strategy to generate positive and recurring free cash-flow from March 2019.
The company reaffirms its objectives to March 2020 the revenue target of at least EUR 650 million is more than 90% secured i.e. an average annual growth rate of at least 26% over three years.