Latécoère sees boost in production and profits
Acquisitions and factory expansion, especially in low-cost production locations, led to an almost one-third jump in year-over-year revenues in 2004 at Fren

Acquisitions and factory expansion, especially in low-cost production locations, led to an almost one-third jump in year-over-year revenues in 2004 at French aerospace equipment maker Latécoère. According to president and CEO François Bernard, production increased across all its aerostructures programs, and especially for the new Airbus A380 airliner, the Dassault Falcon 7X business jet and the Embraer 170/190 regional jets. He expects the trend to continue with 20-percent increases in revenues both this year and in 2006, and said the company is committed to a capital increase to finance investments in these programs.

Loading…