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Latecoere SA (LAEP.PA)

LAEP.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Icade signs framework agreement with Latecoere to deliver headquarters in 2019
2:38am EDT 

Icade SA : Signs framework agreement with Latecoere SA related to Latecoere's site in Toulouse .Delivery of Latecoere future headquarters by Co is expected in 2019.  Full Article

Latecoere FY recurring operating profit rises at 47.9 million euros
2:27am EDT 

Latecoere : FY attributable net group adjusted income 30.2 million euros ($32.8 million) versus 2.4 million euros year ago . FY recurring operating profit 47.9 million euros versus 18.9 million euros year ago . In 2017 Group's business is expected to decline by approximately - 6 percent . In 2017 new investments linked to the transformation plan will reduce the generation of free cash flow from operations . In 2017 net cash should improve slightly . Turnover of the aerostructure business is expected to decline in 2017 before stabilizing over the period 2018-2020 .In interconnection systems division, turnover is expected to grow over the period 2017-2020.  Full Article

Latecoere FY revenue rises to 655.2 mln euros
Monday, 6 Feb 2017 12:33pm EST 

Latecoere : FY revenue 655.2 million euros ($703.55 million) versus 622.1 million euros year ago . 2016 operational performance expected in line with stated objectives .The objective of generating operating cash flow for the year 2016 of 7 pct of turnover (approximately 45 million euros) is confirmed.  Full Article

Completesion of the sale of Latécoère services to ADF Group
Wednesday, 21 Dec 2016 12:36pm EST 

Latecoere : Completion of the sale of Latécoère Services to the ADF Group .This transaction will be effective in the consolidated financial statements of the Latécoère group as of December 31, 2016.  Full Article

Latecoere H1 operating result swings to loss of 6.9 million euros
Friday, 7 Oct 2016 02:13am EDT 

Latecoere : H1 operating loss 6.9 million euros ($7.7 million) versus profit of 12.8 million euros year ago . H1 net loss group share of 18.6 million euros versus loss of 0.4 million euros year ago .Project of divestment of Latecoere Services should happen before end of year.  Full Article

Latecoere H1 revenue up 11.5 pct at 401.6 mln euros
Tuesday, 26 Jul 2016 12:24pm EDT 

Latecoere SA :Reports H1 revenue of 401.6 million euros ($441.0 million)versus 360.2 million euros a year ago.  Full Article

Yannick Assouad appointed new CEO of Latécoère as of November 2
Wednesday, 13 Jul 2016 12:34pm EDT 

Latecoere : Appointment of Yannick Assouad CEO as of November 2 .Frédéric Michelland leaving office as CEO of Latécoère as of today.  Full Article

Latecoere presents its Transformation 2020 project
Tuesday, 7 Jun 2016 08:33am EDT 

Latecoere : Is studying the opportunity of Latécoère services' disposal though no decision has been made to date . Over the 2017-2021 period, Latécoère is expected to devote nearly 100 million euros ($113.46 million) to manufacturing investments and to double resources for its R&T projects .Share will resume on June 8, 2016 when the markets open.  Full Article

Latecoere Services selected by Airbus
Sunday, 3 Apr 2016 08:00pm EDT 

Latecoere SA:Latecoere Services announced it has been selected by Airbus for the integration of two new assembly lines for A330 Neo Air Inlet and A320.  Full Article

Latecoere confirms FY 2016 guidance
Tuesday, 8 Mar 2016 02:30am EST 

Latecoere SA:Confirms 2016 current operating free cash flow objective of around 7 pct of 2016 revenue.  Full Article

More From Around the Web

UPDATE 1-France's Latecoere expects higher 2017 profits despite slowing business

March 27 French aerospace equipment maker Latecoere expects recurring operating profits to increase this year, as restructuring measures offset a likely fall in revenue.