Key Developments: Latecoere SA (LAEP.PA)

LAEP.PA on Paris Stock Exchange

11.33EUR
19 Sep 2014
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Latest Key Developments (Source: Significant Developments)

Latecoere to supply E2S panels for Airbus; updates on Boost 2014-2016
Tuesday, 13 May 2014 12:00pm EDT 

Latecoere SA:Says at the beginning of April it was confirmed as one of the suppliers of the E2S (Engineering Synergy Suppliers) panels for Airbus Group.Says as part of its Boost 2014-2016 plan it has introduced a new organizational structure in the management of its Aerostructure operations and simplified certain processes.Says it has also implemented changes in purchasing and quality control, among other sectors.  Full Article

Latecoere proposes no FY 2013 dividend; proposes share repurchase program
Sunday, 13 Apr 2014 08:00pm EDT 

Latecoere SA:Proposes no FY 2013 dividend.To propose terms of share repurchase program to annual general meeting.Program would authorize repurchase of up to 10 pct of capital.Maximum price per share 20 euros.Total maximum that could be spent 23,167,080 euros.Authorization valid for 18 months.  Full Article

Latecoere inaugurates production site in Mexico
Thursday, 10 Apr 2014 04:00am EDT 

Latecoere SA:Inaugurates production site in Mexico.Site is already producing electric harnesses for Airbus and doors for Boeing.  Full Article

Latecoere SA issues FY 2014 - FY 2016 revenue guidance
Thursday, 27 Feb 2014 02:30am EST 

Latecoere SA:Targets annual revenue growth between FY 2014 and FY 2016 of about 4 pct.FY 2015 revenue 660.10 million euros - Thomson Reuters I/B/E/S Estimates.FY 2016 revenue 701.80 million euros - Thomson Reuters I/B/E/S Estimates.  Full Article

Latecoere SA Appoints Mr. Eric Gillard as Chief Executive Officer
Monday, 4 Nov 2013 12:00pm EST 

Latecoere SA announced that it has appointed Mr. Eric Gillard as Chief Executive Officer.  Full Article

Latecoere SA Appoints Mr. Olivier Regnard as Administrative and Financial Director
Tuesday, 3 Sep 2013 12:20pm EDT 

Latecoere SA announced that it has appointed Mr. Olivier Regnard as the Company's Administrative and Financial Director. Mr. Regnard will also become Member of the Company's Executive Committee.  Full Article

Embraer Selects Latecoere SA for Development and Production of Doors of New EJet E2 Aircraft
Monday, 2 Sep 2013 01:15pm EDT 

Latecoere SA announced that it has been selected by Embraer for development and production of the doors of the new EJet E2 aircraft. This set of doors consists of passengers and services doors, the freighter doors for E175-E2, E190-E2 and E195-E2 versions as well as over wing emergency exit doors for E190-E2 and E195-E2 versions. It is therefore from six to ten doors according to versions which will be delivered to Sao Jose Dos Campos to be installed on the assembly lines of Embraer. The contract which also concerns support in service to the operators is valued at approximately USD 1 billion on the length of the program. The entry into service of the E-Jets E2 is planned for 2018.  Full Article

Latecoere SA Announces Resignation of Mr. Bertrand Parmentier as Chief Executive Officer
Thursday, 1 Aug 2013 12:05pm EDT 

Latecoere SA announced that Mr. Bertrand Parmentier will leave his post as Chief Executive Officer of the Company to join the Pierre Fabre group.  Full Article

Latecoere SA Appoints Mr. Bertrand Parmentier as Chief Executive Officer
Thursday, 16 May 2013 02:25pm EDT 

Latecoere SA announced that its Supervisory Board appointed Mr. Bertrand Parmentier, up to now Executive Vice-President as Chief Executive Officer and Chairman of the Management Board. It also confirmed him as a member of the Management Board. He replaces Mr. Francois Bertrand, who is stepping down from his position of Chief Executive Officer and from the Management Board.  Full Article

Latecoere SA Announces Layoffs inTunisia
Thursday, 28 Mar 2013 10:31am EDT 

Latecoere SA announced that the Company has decided to reduce the number of its employees in Tunisia from 900 to 700 due to the fact that the Company reduced the volume of production of electrical wiring in Tunisia.  Full Article

Latecoere H1 operating profit dips as new plant opens

PARIS, Sept 2 - French aerospace supplier Latecoere on Tuesday reported lower first-half operating profit, despite higher revenues as it bore the cost of opening a factory in Mexico and suffered a slowdown in the development of new aircraft.

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