The competitive advantage of our industrial position

Aerospace & Defense

As published by Expansion last Monday, November 13, the President of Airbus Operations in Spain, Manuel Huertas, participated in a conference organized by the Tedae association, in which he highlighted the good prospects that are presented for the Spanish aeronautical industry and the challenges that will arise in the future.

Global traffic increases at a rate close to 5% per year, which doubles every 15 years. In the coming years, close to 40,000 new aircrafts will be needed, of which 43% will correspond to the renewal of aircrafts and the remaining 57% to the growth of the companies. The fleets are renewed, moreover, faster and faster. According to Expansion, Huertas said that "in a globalized economy, any product is capable of being manufactured anywhere in the world" and claim to the auxiliary companies -including ITP, Aciturri, Alestis, Carbures or Aernnova- advances in the reduction of costs, improvement of quality and the incorporation of new products. [...]

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Carbures attends the Composites Meetings in Nantes as an exhibitor

Mobility, Civil Works, Aerospace & Defense

This week, CARBURES was present at the Composites Meetings convention in Nantes, France, on November 8th and 9th. This call, we can say that it is one of the most important internationally to be able to arrange appointments between companies, and generate B2B meetings.

Since the meeting is generic of composites, not sectorial, CARBURES has been present with its 3 areas: Aerospace & Defense, Mobility and Civil Works, showing products, capabilities, and a global vision of the company. In Carbures' continuous work of opening new markets and new customers, this type of appointment is especially relevant to be able to concentrate in a few hours numerous direct presentations to potential client companies. [...]

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Carbures approves to operate on the Continuous Market in 2018

Corporate

The Board of Directors of the Company has approved to initiate the necessary procedures to leave the Alternative Stock Market and to be listed on the Continuous Market in 2018. This decision will be submitted to the General Shareholders Meeting of the Company for final approval.

In addition, Carbures has presented the audited financial results of the first half of the year with three clear indicators of its healthy balance sheet and that follows the roadmap marked in its process of consolidation and organic growth: the Company has closed the first half of the year with a turnover of 40.3 million euros, 33 percent more than that registered in the same period last year (30.2 million). In line with its business consolidation process, Carbures has managed to increase its recurring EBITDA by 63.6 percent, from -1.5 million in the first half of 2016 to one of -0.5 million euros in the same period of 2017. A similar improvement has been achieved in relation to net debt, which has been lowered by almost 43 percent, from the 106 million debt it had at the end of 2016 to 60.8 million at the end of the first half of 2017. The President of Carbures, Rafael Contreras, indicates: "Our results show that, on an industrial level, Carbures is on the right track. The data presented today improves very clearly those obtained a year ago and we expect to continue growing throughout this year and the next ones ". [...]

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Carbures attends DeciElec Embedded Systems

Aerospace & Defense

This week, Carbures has participated as an exhibitor at DeciElec Embedded Systems, a reference event in the sector of electronic systems, connected and embedded, on October 18 and 19 in Toulouse, France. With its presence at this event, the international company strengthens its position in the European market in the development of highly critical electronic equipment and systems, expanding the customer portfolio.

This is not the first time that Carbures is present in one of the most important calls of this sector. The first was in 2015, which opened the doors to Thales Alenia Space, the largest European satellite manufacturer, with whom he is currently talking to make proposals for the coming year. One of the characteristics of DeciElec is its purely electronic approach, so the b2b meetings on which the event is based are very technical and buyers come with very particular needs, which is a great advantage for a company specializing in development of ad-hoc solutions, such as Carbures. [...]

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Seville, European Capital of Aerospace sector

Aerospace & Defense

Seville will fly high in 2019, the year in which it will be the European Capital of the Aerospace Sector. The Sevillian aeronautical pole, along with that of the central zone (Madrid, Getafe, Toledo ...) is the most important in Spain, areas in which the sector has important manufacturers in the industry, from Airbus, Tier 1 and Tier 2 , such as Carbures, which is present with different plants in both poles.

The appointment of Seville as European Aeronautical capital is a clear recognition of this city and will allow it to promote training programs in the sector, collaboration agreements with other cities and opportunities for attracting investments. In 2015, the City of Seville presented its candidacy as European Capital of the aerospace sector. On 4 October, Juan Espadas, mayor of Seville, confirmed that the city had finally been chosen from numerous European capitals and cities. [...]

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Carbures achieves another industrial milestone with Airbus

Carbures has participated in the achievement of a new industrial milestone by Airbus: the manufacture of the plane number 50 of the model A400M. Carbures aeronautical plants have produced composite parts for this series of military aircrafts such as aerodynamic wing fairings, horizontal stabilizer ribs as well as angles and other reinforcements for those stabilizer structures. Carbures is grateful to Airbus for allowing it to fly together in its more than a decade of industrial collaboration.

In April 2016, Airbus awarded Carbures with the Best Improver Award, in the Supply Chain Quality Improvement Program (SQIP), in an international reference event for the aeronautics industry in Toulouse, France. Carbures was chosen from among 15,000 European suppliers of Airbus, as one of 29 that have integrated the program. Carbures was the only Tier 2 among the 29 finalists and was recognized with the award to the supplier who has implemented the greatest improvements in its manufacturing processes. The remaining 28 were Tier 1, suppliers of parts assembled with others. [...]

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Building a spirit of solidarity

Corporate

From Carbures, we have taken actions to help those affected by the earthquake that occurred on September 19 in Mexico. Our campaign to collect food and equipment is helping people who, unfortunately, have been forced to temporarily change their lives with the move to storage centers that were enabled in Mexico City. Healing material, pantry, cleaning supplies, food and water are the items that were collected in our offices.

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Likewise, Carbures management is maintaining a continuous contact with the civil protection officers of Mexico City in order to support one of the things we know about best: engineering. We have proposed to carry out urgent analysis on the affected infrastructure, an initiative that would help to better cope with this situation. This initiative can prioritize the repair of the most susceptible and most suffered from the earthquake. [...]

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Carbures presents the video of Aerospace & Defense

Aerospace & Defense

Carbures presents the corporate video of its Aerospace & Defense division. It has been recorded in the different aeronautical locations of the Company, both in Spain and abroad, and it shows the products, equipment and processes of the three business lines of the area: Engineering, Manufacturing and Systems.

Carbures Aerospace & Defense broke its record of manufactured parts in 2016, reaching 45,695 units. The company continues openning markets and getting new customers, such as the recent contract with the Belgian Tier 1 SABCA, in addition to announcing the start of the works of adaptation of a new 11,000 m2 plant in Getafe that will house new processes for Carbures, such as painting , thus completing the entire productive cycle.[...]

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Carbures signs its first contract with SABCA, Tier 1 from Belgium

Aerospace & Defense

Carbures continues growing in international markets. The Company has obtained its first contract with Société Anonyme Belge de Constructions Aéronautiques - SABCA, Tier 1 (supplier of first level) of reference in Belgium. Through this contract, Carbures is covering part of the production of Topcovers for the Flap Support Fairings of the Airbus A350. In this way, the group led by Rafael Contreras, through its division Aerospace & Defense, expands its portfolio of clients and opens to new international markets in the aeronautics sector.

With almost 20 years of experience and a multisectoral knowledge, Carbures has three aeronautical parts manufacturing plants in Spain - Illescas (Toledo), Jerez de la Frontera and El Puerto de Santa María (both in Cadiz) - that make the Company meet the needs of its customers in a flexible way. Carbures works with different technologies in packages of low, medium and high volume, which implies competitive offers with respect to the competition and makes that the portfolios of clients and programs are increasing, as in this case. [...]

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Carbures strengthens its management with the appointment of a new CFO, Jorge Moreno

Carbures strengthens its corporate and management area with the addition of a new CFO. The Board of Directors of Carbures has today agreed to appoint Jorge Moreno García as the new Chief Financial Officer (CFO) with the aim of increasing the Company's senior management team to face the growth and industrial reality of Carbures.

Moreno has a 14-year professional experience in corporate and fundamentally financial consulting for large companies with a solid track record in corporate operations. He has been present in strategic projects, mergers and acquisitions, both nationally and internationally, in sectors such as industry, construction, energy, consumption and distribution, technology and telecommunications. [...]

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