ITP Aero reported revenues totalled €1.6bn in 2024, marking a 24% increase compared to 2023. The company, majority owned by Bain Capital, reported an EBITDA of €295 million, up 43%.
The company said the performance was driven by “continued robust demand” for its commercial aviation services, as well as continued growth in MRO and defence.
ITP Aero said it continued growing with Pratt & Whitney with new agreements. Additionally, the company strengthened its collaboration with Rolls-Royce where ITP Aero delivers a wide range of components and modules; increasing deliveries by 15% for the Trent engine family.
ITP Aero Group CEO Eva Azoulay said: “Looking ahead at 2025, we are confident in our ability to execute on our ambitious growth strategy and continue delivering outstanding results."
In addition, the company invested €102 million in its research and develop activity, up significantly from €66 million invested in 2023.
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