on FIGEAC AERO (EPA:FGA)
MTI Boosts Growth in Hydropower Sector
The defense and energy subsidiary of FIGEAC AÉRO, MTI, is experiencing significant growth in the hydropower sector. By the end of June 2025, MTI's order intake for hydropower turbines reached €4.6 million. This performance is integral to FIGEAC AÉRO's PILOT 28 plan, which focuses on specializing its production facilities.
MTI's success marks a new record, surpassing last year's total revenue for this segment. Over €4 million of the current orders is anticipated to convert into revenue within this financial year. This trend suggests a promising yearly forecast and positions MTI on track for continuing double-digit revenue growth.
The hydropower renovation market further enhances MTI's outlook. With more than 1,000 hydropower plants due for renovation in France over the next decade, MTI's sales pipeline represents several million euros.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all FIGEAC AERO news