FR Regulatory | 10 July 2025 17:45
FIGEAC AÉRO: MTI DRIVES FURTHER GROWTH IN THE HYDROPOWER MARKET
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FIGEAC AÉRO
DEFENSE and energy MTi drives further growth in the hydropower market
FIGEAC AÉRO (FR0011665280 – FGA:FP), a leading partner for major aerospace manufacturers, announces that its defense and energy subsidiary, MTI, has enjoyed strong commercial momentum in the hydropower turbines segment so far this year, with total order intake at end-June 2025 amounting to €4.6 million.
FIGEAC AÉRO is capitalising on MTI’s extensive expertise in the strategic hydropower and nuclear energy sectors as part of its PILOT 28 plan aimed at further specialising its production facilities. Besides its progress in the nuclear energy segment 1 , MTI has had a particularly strong first half in the hydropower segment with order intake for turbines totalling €4.6 million at 30 June 2025, of which over €4 million expected to be recorded as revenue this financial year. In addition to hitting a new record high, such strong business activity mid-way through the year clearly points to healthy full-year momentum as order intake so far has already exceeded the €4 million level reached for the whole of last year (when MTI’s total revenue came to €10.8 million). MTI is also benefitting from a particularly vibrant hydropower renovation market as over 1,000 hydropower plants are to be renovated in France over the next ten years; its sales pipeline in this segment is therefore worth several million euros. Renowned for its expertise in high value-added products in strategic and growth segments, MTI thus faces an extremely bright future. The commercial momentum currently underway means that MTI can expect further profitable revenue growth in the double digits this financial year and beyond, all of which will bring the Group closer to achieving the financial targets set out in its PILOT 28 plan.
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About Figeac Aéro The FIGEAC AÉRO Group specialises in producing metal parts and sub-assemblies. It is a leading partner for major manufacturers in the aerospace, defence and energy sectors. FIGEAC AÉRO has a global industrial footprint with 14 production facilities spanning 8 countries and holds strategic positions on the world’s main commercial and military aircraft programmes. The Group generated annual revenue of €432.3 million in the year to 31 March 2025.
Figeac AÉro contacts Jean-Claude Maillard Chairman and Chief Executive Officer Tel.: +33 (0)5 65 34 52 52
Simon Derbanne VP Investor Relations, Corporate Communications, Public Affairs Tel.: +33 (0)5 81 24 63 91 E-mail: simon.derbanne@figeac-aero.com / communications.group@figeac-aero.com
Regulatory filing PDF file File: CP_FGA_20250710_commandes YTD turbines hydro MTI_EN_vdef |
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| Language: | English |
| Company: | FIGEAC AÉRO |
| ZI de l’Aiguille | |
| 46100 FIGEAC | |
| France | |
| E-mail: | communications.group@figeac-aero.com |
| Internet: | www.figeac-aero.com |
| ISIN: | FR0011665280 |
| Euronext Ticker: | FGA |
| AMF Category: | Inside information / Other releases |
| EQS News ID: | 2168112 |
| End of Announcement | EQS News Service |
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2168112 10-Jul-2025 CET/CEST