Universal Alloy Corporation reposted this
𝗠𝗼𝗻𝘁𝗮𝗻𝗮 𝗔𝗲𝗿𝗼𝘀𝗽𝗮𝗰𝗲 𝗔𝗚 𝘄𝗶𝘁𝗵 𝗲𝘅𝗰𝗲𝗹𝗹𝗲𝗻𝘁 𝗤𝟭 𝟮𝟬𝟮𝟰! Delivering solid group-wide results with +12% (yoy) top line- and over-proportional adjusted EBITDA growth (+62%). 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: 🔷 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹𝘀: Net sales grew by 12.1% to EUR 395.7 million; adjusted EBITDA rose by EUR 14.6 million to EUR 38.2 million (+61.7%); Q1 with positive net income (EUR 2.7 million in Q1 2024 versus EUR -17.5 in Q1 2023) proving right direction for full year 🔷 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝗻𝗲𝘁 𝘀𝗮𝗹𝗲𝘀: Aerostructures: +25%, E-Mobility: -14%, Energy: +6% 🔷 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝗮𝗱𝗷. 𝗘𝗕𝗜𝗧𝗗𝗔: Aerostructures: +94%, E-Mobility: -42%, Energy: +14% 🔷 𝗚𝘂𝗶𝗱𝗮𝗻𝗰𝗲 𝟮𝟬𝟮𝟰 𝗿𝗲𝗰𝗼𝗻𝗳𝗶𝗿𝗺𝗲𝗱: Montana Aerospace expects solid net sales of ~EUR 1.7 billion for the full year 2024 and an adj. EBITDA in the range of EUR 180-200 million; clear commitment to generating a solid positive free cash flow and net income 🔷 𝗦𝗲𝗴𝗺𝗲𝗻𝘁 𝗚𝘂𝗶𝗱𝗮𝗻𝗰𝗲 𝟮𝟬𝟮𝟰: Aerostructures net sales: ~EUR 950 million, Energy net sales: >EUR 580 million, E-Mobility net sales: ~ EUR 200 million 🔷 𝗚𝘂𝗶𝗱𝗮𝗻𝗰𝗲 𝟮𝟬𝟮𝟱 𝗿𝗲𝗰𝗼𝗻𝗳𝗶𝗿𝗺𝗲𝗱: Montana Aerospace intends to increase its net sales to close to EUR 2 billion while generating more than EUR 250 million of EBITDA in FY 202 You can find the whole report to download here: https://lnkd.in/dZ-s_rF4 ASCO Universal Alloy Corporation ASTA Alu Menziken Group #MontanaAerospace #Q12024financials
Kai Arndt Paul Andreucci An Impressive First Quarter 2024 Montana Aerospace started 2024 with remarkable results. A 12% increase in turnover and a 62% increase in EBITDA. These results reflect the Group's effective strategy and operational excellence. A model for the aerospace sector. #aerospace #innovation #growth
Promising set of Q1 numbers.. Upon build rates to grow mature and supply issues get resolved, MA business model to soon prove its validity and potential 👍
Excellent results, more to come im sure 👍
Good insights into the aerospace supply chain !
Richard, ....congratulations for the inspiring success!
Kai Arndt: Congratulations!
CEO Aerostructures
4moResult of 7000+ super engaged employees! Thank you!