EANS-News

FACC AG planning IPO in 2014 - Seite 2

position within the supply chain and our global engineering and
production footprint enables us to serve our clients when and where
they need us. The IPO is an important step in strengthening our
business proposition and comes at a time when our company is poised
to successfully grow into an independent future."

Geng Ruguang, a representative of AVIC adds: "Since our initial
investment in 2009, we have worked alongside FACC in great
partnership to develop the company into an internationally respected
supplier that stands out through its research and development
capabilities and hence the added value it can bring to all major
OEMs. Its best-in-class manufacturing and international presence,
which is recognized industry-wide, underlines FACC's established
position in the sector and the IPO will further permit the company to
build upon these strengths."

FACC AG is one of the world's leading companies in the design,
development and production of advanced fibre reinforced composite
components and systems for the aviation industry. The range of
products reaches from structural components for the fuselage and
wings over engine components to complete passenger cabins for
commercial aircraft, business jets and helicopters. FACC is a
supplier to all large aircraft manufacturers such as Airbus, Boeing,
Bombardier, Embraer, Sukhoi, and COMAC as well as for engine
manufacturers and sub-suppliers of manufacturers which makes the
company one of the largest pure play composite Tier I suppliers in
the world.

Strong global market growth due to original equipment super-cycle
FACC is well positioned to benefit from the current commercial
aerospace original equipment "super-cycle" given its high exposure to
the global commercial aerospace market. In the coming years, demand
for new aircraft will be strengthened due to an expected steady
increase in passenger traffic demand. A currently old in-service
fleet has further led to record order backlogs for replacement
aircraft. However, increasingly cost conscious airlines now demand
higher fuel savings, lower emissions and less maintenance
requirements from their new fleet. Due to the superior
characteristics of composites, FACC's products can seamlessly deliver
on these end-customer needs and have hence lead to increasing
work-share for the company on major existing and new programs.

Technological leadership with strong focus on research & development
FACC continuously invests in its manufacturing capabilities and
maintains more than 4,000m2in designated testing, laboratory and R&D