Recaro Aircraft reports record year in 2016
Recaro Aircraft Seating has looked back on a successful 2016.
With a delivery volume of over 100,000 seats this year, the company set a new record with its four production sites for aircraft seats.
“An outstanding year for Recaro and its employees has come to an end. New products, new customers and numerous new orders successfully drove business development in 2016. The full order books are ideally matched to the workforce and capacity expansion we have undertaken in recent years,” said Dr. Mark Hiller, chief executive officer and shareholder at Recaro Aircraft Seating. Investments in the double-digit percentage of sales range flow into research and development. And this is clearly paying off: close to a third of the products sold in 2016 were product innovations. Dr. Hiller sees his growth forecast for the next few years confirmed: “Plans for the future include ongoing job creation worldwide, product and process innovations as well as the further expansion of our sites. In 2016, we increased our sales by more than 10 percent.”
Exact figures will follow in May as soon as annual financial statements are finalised.