Latecoere records 14.9% growth in the first half of 2024

Latecoere reported revenue of €349.2 million for the first half of 2024. This 14.9% increase compared to the previous year reflects the increase in production to meet the growing demand of its customers. Despite challenges such as inflationary pressures, complications in the global supply chain and a major fire at a Mexican plant in February, the company's recurring EBITDA is tending towards breakeven.

Due to these circumstances, Latecoere has obtained from the Toulouse Commercial Court the postponement of its Annual General Meeting until December 31, 2024. A detailed communication will be released later.