Latecoere, a Tier 1 supplier to major international aircraft manufacturers, announced that the Board of Directors approved Latecoere’s financial statements for the year ended December 31, 2025.
– Revenues of €756.7 million representing a continued growth of +7.2% (9.7% underlying growth, excluding the effects of the disposal of MADES in August 2025), driven by the strong ramp-up of customer demand and production plus the execution of commercial initiatives.
– Recurring EBITDA from continuing operations of €39.4 million; a significant improvement from 2024 Recurring EBITDA of €25.7million. This reflects the operational leverage coming from volume growth, and execution of the commercial measures tackling inflation.
– Cash flows from continuing operations turned positive at €10.5 million, an important inflexion point for the Group.
– Latecoere continues to invest in its platform, people, and a resilient business model, aligning with customer needs through quality and on-time delivery.
“Our 2025 results mark a decisive step forward for Latecoere”
André-Hubert Roussel, Group Chief Executive Officer, stated: “Our 2025 results mark a decisive step forward for Latecoere. With strong revenue growth, significant improvement in recurring EBITDA, and a return to positive operating cash flow, we are beginning to see the tangible impact of the actions we initiated to support OEM ramp-ups, strengthen our customer service and aftermarket activities, and reinforce our operational and financial discipline. These achievements reflect the commitment of our teams and the trust of our customers in a demanding and fast-evolving aerospace environment. Thanks to the divestment of MADES and improved operational performance, we have been able to reduce our net indebtedness and consequently strengthen our balance sheet as we move into 2026.”
“Looking ahead, Latecoere will build on its core strengths and will reinforce its ambition to be the long-term partner of choice for OEMs, MROs, and airlines worldwide, and will reflect this in our strategic roadmap. The progress achieved in 2025 gives us the momentum and confidence to execute this strategy with discipline. As we move into 2026, we will continue strengthening the foundations that underpin our long-term performance – deploying best-in-class standards, accelerating digital and operational excellence, and advancing the efficiency and innovation of our production processes while monitoring carefully liquidity and key operating metrics of the Group. These efforts position us to build a more resilient and efficient Group, fully prepared to seize future opportunities and deliver sustainable value to all our stakeholders.”
Latecoere’s unaudited financial results for the year ended December 31, 2025, reflects the general increased level of production in the aeronautical sector as a whole. Revenues amounted to €756.7 million, up €50.9 million or +7.2% on a reported basis. Underlying revenue growth was 9.7%, excluding the effects of the disposal of MADES in August 2025. This underlying increase in revenues was driven by higher production rates from OEMs, additional revenue from new business wins and the conclusion of commercial initiatives to offset inflation.
The Group reported a recurring EBITDA for 2025 of €39.4 million, a 53% improvement compared to the €25,7 million reported in 2024. This was mainly driven by the continued operating leverage from increased volumes, and the positive benefits coming from both operational and commercial initiatives undertaken by the Group. These positive benefits are still being partly offset by continued inflationary pressures and ongoing supply chain disruptions during the ramp up of the operations.
