EANS-News: FACC continues to grow on preliminary figures for the financial year 2018/19

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Corporate news transmitted by euro adhoc with the aim of a Europe-wide
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Dividend Announcements/Distribution/Financial Figures/Balance Sheet/Annual
Result

Ried i. Innkreis -

* Sales increase to EUR 780,1 million
* Disproportionate operating earnings increase
* Increase of the dividend to 0.15 EUR

FACC AG was significantly influenced by two developments in the 2018/19
financial year. Firstly, both the Group's sales and profitability were further
increased. Sales increased by 3.9% to EUR 780.1 million and represent a new
record high. Operating profitability increased significantly faster than sales.
Second and strategically important for future growth are additional new orders
and a further increase in order backlog to USD 6.5 billion. FACC is once again
positioning itself as a long-term partner to the aviation industry in all areas,
in line with its claim "Beyond Horizon".

According to the communicated forecasts of the management, sales were increased
in the financial year 2018/19 by 3.9% to EUR 780.1 million. The stable
development of the aircraft industry and the increase in the production rates of
major aircraft programs and the balanced FACC customer and product portfolio
were largely responsible for this positive development.

In terms of results, the targeted target of a further increase in EBIT was
achieved. According to preliminary figures, the operating EBIT in the financial
year 2018/19 increased by 7.8% to EUR 52.4 million (comparative value 2017/18:
EUR 48.6 million). After taking into account a negative one-off effect resulting
from the impairment of research and development costs of EUR 11.4 million in
connection with the planned cessation of production of the Airbus A380, the
reported EBIT amounted to EUR 41.0 million.

With net debt of EUR 180.9 million based on preliminary figures, FACC was not
only 0.5% down on the previous year's EUR 181.9 million, but also remained
almost constant in the context of an increase in operating performance.

The management of FACC AG will propose a dividend increase of 36.4% to EUR 0.15
per share at the Annual General Meeting on the basis of the earnings figures
available for the financial year 2018/19.

The figures quoted are still unaudited provisional IFRS figures of FACC AG. The
annual financial report of FACC AG and the outlook for the financial year 2019/
20 will be published on May 22, 2019.

Further inquiry note:
Investor Relations:
Manuel Taverne
Director Investor Relations
Mobil: 0664/801192819
E-Mail: m.taverne@facc.com

end of announcement euro adhoc
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issuer: FACC AG
Fischerstraße 9
A-4910 Ried im Innkreis
phone: +43/59/616-0
FAX: +43/59/616-81000
mail: office@facc.com
WWW: www.facc.com
ISIN: AT00000FACC2
indexes:
stockmarkets: Wien
language: English

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | CNE

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