Sogeclair SAALSOG
▼ NegativeCapitalrelevance
Turnover declined 3.1% (reported) and 0.5% at constant FX, with weakness in Business Aviation, Defence, Automotive, and Rail.
Impact on stocks 1
Aerospace & Aviation
Sogeclair SASogeclair reported consolidated turnover of €78.1 million for the first half of 2026, a decline of 3.1% from the same period last year, while at constant exchange rates turnover was €80.2 million, down just 0.5%. Currency fluctuations, mainly between the euro and the US dollar and between the Canadian dollar and the US dollar, had a negative impact of €2.12 million, compared with a positive effect of €0.15 million in H1 2025. By sector, Commercial Aviation, which accounted for 37.4% of turnover, rose 1.2%, while Business Aviation, at 32.9% of turnover, fell 6.5% due to postponed developments and the F10X entering certification. The Defence market declined 9.2% against a strong prior-year comparison, Automotive dropped 3.9% amid sector crisis, and Rail contracted 2.3% on delayed public-sector orders. Geographically, France, representing 67.4% of turnover, fell 4.5%, while Europe excluding France grew 3.3% and America edged up 1.1%. The Engineering business unit saw a 3.2% decline, or 1.7% at constant exchange rates, while the Solutions business unit was stable at constant exchange rates, up 0.8%, but reported a 3.1% drop including currency effects. The company expects a pickup in order intake in the second half, particularly in Solutions, and is continuing its digital transformation and CSR efforts.
Sogeclair SATurnover declined 3.1% (reported) and 0.5% at constant FX, with weakness in Business Aviation, Defence, Automotive, and Rail.