The purpose of Latécoère is simple: serving aerospace with innovative solutions for a sustainable world. This vocation is closely linked to the obsession with creating value for customers, because teams by nature share their challenges and ultimately their successes.
Several milestones must be met to build a desirable future together. The first is the completion of the Ambition 2025 project for the two divisions of the Group, Aerostructures and Interconnection Systems. Established in 2021, this battle plan guides the Latécoère teams through to 2025. It sets the course by defining precise objectives in terms of revenue, EBITDA and cash flow. To achieve this, it has established three clear and engaging priorities for everyone within the Group: profitable growth through the conquest of new target and strategically attractive markets; competitiveness through productivity gains and resource optimization; targeted use of cash at the service of the value created for each euro invested in the future.
Key facilitators have been identified and actively support the achievement of these objectives: innovation to develop new industrial processes and design new solutions for the aircraft of tomorrow; operational excellence to foster an approach focused on customer satisfaction, results and responsibility; talents to promote diversity, motivation and the expression of potential. Whatever their job, each Group employee is committed to the multiple initiatives of the Ambition 2025 project: a cross-functional and proactive plan that is rolled out at the level of countries, sites and departments. It directly echoes the past of the company, which has never stopped evolving and transforming itself over the decades. Lastly, it draws on the core of the company’s unchanging values: boldness, excellence and commitment.
They are the foundation of all our actions.
Boldness. Demonstrating agility and showing ambition are the hallmark of a pioneer. For 100 years, Latécoère encouraged its teams to take initiatives and to open new paths.
Excellence. Particularly experienced and focused on performance, Latécoère teams focuses on helping customers and finding solutions. This implies a unique level of operational excellence and a real capacity for innovation.
Excellence in health, safety and environment. Thanks to the implementation of a risk prevention culture and management, this implementation benefits all of our employees, customers, suppliers and partners in our activities – all over the world.
Commitment. Being a pioneer also means being aware of one’s responsibilities. It’s to make the promise of raising employees to their best level, to act with transparency and equity. It is also learning how to work with others: knowing how to adapt to the diversity of the environments.