Figeac Aéro Deploys IFS Applications for 1,200 Employees

Regulatory News:

Leading aeronautical manufacturer based in France implements IFS Applications (STO:IFSA) (STO:IFSB) to support global growth

IFS, the global enterprise applications company, announces that French aeronautical manufacturer Figeac Aéro has decided to implement IFS Applications™ 9 to replace and unify its current portfolio of business systems. The agreement includes licenses and services valued at approximately 1.5 million euros.

With a workforce of more than 1,900 employees at sites in France, the US, Mexico, Morocco, and Tunisia, Figeac Aéro is a leading aerospace manufacturer specializing in the production of light alloy and hard metal structural parts, engine parts, landing gear parts, and sub-assemblies. Figeac Aéro aims to be the number one aerospace subcontractor in Europe.

In order to support the rapid growth of its industrial footprint, the company was looking for a comprehensive enterprise software suite to replace its portfolio of legacy systems. Following a thorough evaluation process, Figeac Aéro selected IFS Applications.

The IFS solution will be used by some 1,200 employees to support mission-critical processes such as manufacturing, supply chain management, financials, quality management, and project management.

"We needed a central, integrated business system to effectively manage our rapidly growing operations,” Figeac Aéro CEO Jean-Claude Maillard said. "We chose IFS based on the solution’s comprehensive functionality and the company’s successful track record in the aerospace manufacturing sector.”

IFS France president Amor Bekrar added, "We are very pleased to welcome Figeac Aéro among our customers in the aerospace and defense space. Drawing on our long experience in this sector, we are proud to help the Figeac Aéro group consolidate its business processes and optimize its strong international growth”.

Read more about how IFS support manufacturers in the aerospace and defense sector here: www.ifsworld.com/corp/industries/aerospace-and-defense/aerospace-and-defense-manufacturers/.

About Figeac Aéro

The FIGEAC AERO Group, a leading partner of major aerospace manufacturers, specializes in the production of light alloy and hard metal structural parts, engine parts, landing gear parts and sub-assemblies. An international group with a workforce of over 1,900 employees, FIGEAC AÉRO operates in France, the United States, Morocco, Mexico and Tunisia. In the year ended 31 March 2016, the Group reported annual revenue of €252.6 million. Its year-end order backlog was €3.9 billion.

About IFS

IFS™ is a globally recognized leader in developing and delivering enterprise software for enterprise resource planning (ERP), enterprise asset management (EAM) and enterprise service management (ESM). IFS brings customers in targeted sectors closer to their business, helps them be more agile and enables them to profit from change. IFS is a public company (XSTO: IFS) founded in 1983 and currently has over 2,800 employees. IFS supports more than 1 million users worldwide from its network of local offices and through a growing ecosystem of partners. For more information visit: www.ifsworld.com.

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Visit the IFS Blog on technology, innovation and creativity: http://blog.ifsworld.com/

IFS discloses the information herein pursuant to the Financial Instruments Act (1991:980) and/or the Securities Markets Act (2007:528). The information was submitted for publication on July 1, 2016, at 8.45 a.m. CEST.

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