What Happened
Aerospace Supplier Sees Strong Top-Line Growth Amid Industry Ramp-Up
Latecoere, a Tier 1 supplier to major aircraft manufacturers, has reported strong revenue growth of 19% in the first half of 2026, driven by higher OEM production rates and new business wins. Despite this top-line momentum, the company’s profitability suffered due to inflation, supply chain disruptions, and ramp-up inefficiencies. The newly created Latecoere Services division posted strong growth and high margins, underscoring the group’s role in supporting the aerospace industry ramp-up. This development was first reported by The Globe and Mail.