Latécoère stock plummets 13% after EBITDA divided by six
The stock of the Toulouse-based aerospace structures manufacturer faces significant selling pressure following the release of its half-yearly results, which reveal a decline in profitability despite sustained revenue growth. The drop propels the stock among the most abandoned securities on the Paris exchange in early afternoon trading.
EBITDA in sharp decline sanctioning growth with degraded profitability
The aerospace group published on September 22, 2026 its results for the first half of 2026, closed as of June 30. Revenue growth increased by 15.2%, driven by organic growth of 19%, fueled by the ramp-ups in the aerospace industry. However, profitability collapsed: current EBITDA fell to 3.7 million euros in the first half, compared to 22.3 million a year earlier. The group attributes this deterioration to costs related to ramp-ups, inflationary pressures, supply chain tensions and an unfavorable foreign exchange environment.
A share price at 0.013€ in territory of the steepest declines, well above its short-term averages
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
Latécoère falls 13.33% in trading at 0.013€, in a context of a globally stable market (the CAC 40 declines by 0.34% in session, the SBF 120 by 0.35%). Ranked 318th out of 320 members of the CAC All Shares, the stock is among the steepest declines of the broad Paris index. Over the past three months, it has already lost 12.08%, and the session significantly worsens this decline. The short-term moving averages remain well below the price: both the 20-day MA and the 50-day MA are at 0.01€, representing a 30% gap below the current level, reflecting a stock that had significantly rebounded from its recent lows before this session.
Conversely, the 200-day MA at 0.02€ dominates the price by 35%, confirming that the underlying trend over the medium term remains oriented downward. The RSI at 52, neutral, does not signal an oversold condition. The identified support level is at 0.01€, a level that coincides with the short-term moving averages, while resistance at 0.02€ corresponds to the 200-day MA.
SectorAéronautique et Défense›Aéronautique et spatial
Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext
✓ You're in! Check your spam folder.
An error occurred.
Context
Period
Period: S1 2026
Key reported figures
Revenue: 431,6 millions d'euros
Quarterly revenue: 431,6 millions d'euros
Revenue growth: 15,2 %
EBITDA: 3,7 millions d'euros
EBITDA margin: 0,9 %
Net income: -23,5 millions d'euros
Free cash flow: -5,6 millions d'euros
169,8 millions d'euros
Guidance from the release
« Perspectives prudentes pour le second semestre 2026 … le Groupe prévoit désormais une rentabilité sous-jacente, ou un EBITDA courant, inférieure au niveau atteint en 2025 » — révision explicite du dernier communiqué ; EBITDA courant S1 3,7 vs 22,3
Risks mentioned
Pressions inflationnistes persistantes sur les coûts des matières premières et de la main-d'œuvre au second semestre 2026 et à l'horizon 2027
Tensions sur la chaîne d'approvisionnement aéronautique avec allongement des délais et perturbations logistiques
Environnement de change défavorable marqué par l'affaiblissement du dollar américain et le renforcement du peso mexicain et du réal brésilien
Opportunities identified
Croissance continue des volumes des constructeurs aéronautiques sur les segments aviation commerciale, aviation d'affaires et défense
Services Latecoere enregistrant une forte croissance et rentabilité en ligne avec les prévisions, avec plateformes opérationnelles en Amérique et France
Initiatives opérationnelles et commerciales du premier semestre devant générer des effets en année pleine et amélioration de la productivité au second semestre 2026
Outlook / guidance
Management commentary: la hausse des volumes OEM doit continuer à soutenir la progression du chiffre d'affaires global (sans taux ni montant ; formulation du releveur, non citée)
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
