22. February 2016 Ute Fertig

FERCHAU AVIA­TION starts off stronger into 2016 and plans further growth

The international engineering services provider targeting new markets.

FERCHAU AVIATION, the aerospace specialist in the FERCHAU Group, increased its sales in 2015 to 70 million euros (2014: 65 million euros). The division currently employs over 900 staff at more than 15 locations. With the acquisition of Rostock System Technik GmbH (RST) in the first half of 2015, FERCHAU AVIATION has sustainably strengthened its position as an engineering services provider in the aerospace sector and widened its competencies in defence, space flight and helicopters engineering. In this market segment, sales growth of over 10 percent was achieved. "The integration of operations between FERCHAU AVIATION and RST has enabled us to deepen our expertise in the aircraft cabin segment, step up our market penetration and strongly expand our services in the areas of cable harnesses and flight simulators for the training of aircrews. Also, it was possible for projects concerning cabin fittings and floor-to-floor interiors to be handled with greater proficiency. We are particularly happy about our good strategic position in the space flight sector. Here we are being entrusted with major contracts such as in the development of Ariane 6," is how Harald Felten, CEO FERCHAU AVIATION, explains the good annual result.

Moreover, Lufthansa Technik AG (LHT), a leading supplier of MRO services, has once again nominated FERCHAU AVIATION Preferred Supplier to its VIP & Executive Jet Solutions division. The cooperation agreement has been prolonged until the end of 2018. The AIRBUS GROUP, as well, a worldwide leader in the aerospace sector, has repeatedly awarded FERCHAU AVIATION the status of "Preferred Supplier for Engineering & Customer Services". For the AVIATION division, this means being able to plan workloads with greater certainty up until 2019. The preferred-supplier award strengthens its market competency in the aerospace industry. In 2016, the engineering services provider will prolong its strategic supplier contract with ATLAS Elektronik for another three years. FERCHAU AVIATION thus belongs to a fixed group of preferred suppliers of engineering services and can further expand its expertise in the development of software for marine applications above and under water.

The year 2015 was marked from the outset by the expansion of the division's international presence. In order to anticipate market requirements and continue to promote general engineering activities, FERCHAU AVIATION has established a new branch in Barcelona. This means, besides Madrid, another strategically important location has been opened up in Spain. The engineering services provider has also expanded its presence in France by opening up an office in Paris. In India, further growth has been generated thanks to the excellent cooperation with suppliers there. So that in future major projects can be handled in the division's own facilities, it has moved to larger offices in Bangalore. For 2016, further growth in France is a major item on the engineering services provider's agenda. Coexistent with FERCHAU Engineering SARL, the FERCHAU AVIATION Group has established FERCHAU Engineering Labs SAS where the company will focus on innovative research and development in aerospace, defence and automotive engineering, as well as expanding its collaboration with customers. In addition, the new company will venture into new transport, healthcare and energy markets.

Harald Felten looks optimistically into the year ahead: "The market for engineering services offers great growth potential and, given our international disposition, we are ideally positioned for further expansion and the cultivation of new markets. Our goal is to provide cross-location services, which is why we are also branching out externally and looking to join up with our partners," says Harald Felten by way of explaining the company's strategy. For 2016, the engineering services providers is budgeting sales of over 75 million euros.

FERCHAU Engineering GmbH, AVIATION Division
The FERCHAU AVIATION Division currently employs more than 900 developers, design engineers, hardware and software professionals, and project managers distributed among its locations in Bremen, Hamburg, Munich, Augsburg, Donauwörth, Laupheim (all Germany) and Toulouse (France) as well as Madrid-Getafe, Barcelona (Spain), Bristol, Bournemouth (UK) and Bangalore (India). In 2015, the AVIATION Division generated sales of over 70 million euros.

FERCHAU Engineering GmbH currently employs more than 6,600 graduate engineers, IT consultants, technicians and draughtspersons in over 90 branches and locations and over 70 engineering offices (as at 31 December 2015). FERCHAU operates in areas that include machinery and plant construction, vehicle technology, aerospace, electrical engineering and IT.

Member of the FERCHAU AVIATION GROUP

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