OverviewSuggest Edit
Aernnova Aerospace is a company specializing in the design and manufacturing of aerostructures and components. It provides engineering services, components design and stress analysis, testing and certification, and support services. The company produces wings, empennages, fuselage sections, movable and secondary structures, composite components, and metallic parts.
| Type | Private | |
| Founded | 1993 | |
| HQ | Miñano Mayor, ES | Map |
| Website | aernnova.com | |
| Employee Ratings | More |
Key People/Management at Aernnova
Ricardo Chocarro
Chief Executive Officer
Eduardo Del Campo
Chief Financial Officer
Iñigo Gimenez Sainz de la Maza
EVP Business Excellence
David J. Barger
President, Audit and Compliance Committee
Marwan Lahoud
President, Appointments and Remunerations Committee
Javier Herrero
VP Change Management & IT
Aernnova Office Locations
Aernnova has offices in Miñano Mayor, Alava, Illescas, La Rinconada and in 3 other locations
Miñano Mayor, ES (HQ)
Leonardo Da Vinci Kalea
Alava, ES
Lacorzanilla
La Rinconada, ES
Calle Charles A. Lindbergh, 7
Madrid, ES
Av. del Llano Castellano, 13
Sao Jose, BR
Av. Dr. Sebastião Henrique da Cunha Pontes, 4810 - Palmeiras de São José
Santiago, MX
Av Industria de la Transformación 431, Parque Industrial
Aernnova Financials and Metrics
Summary Metrics
Founding Date | 1993 |
Aernnova total Funding | $1 b |
Aernnova latest funding size | $1 b |
Time since last funding | 5 years ago |
Aernnova investors | TowerBrook Capital Partners, Springwater Capital, CPP Investments |
Aernnova's latest funding round in June 2017 was reported to be $1 b. In total, Aernnova has raised $1 b
Aernnova Revenue
Aernnova's revenue was reported to be €514.04 m in FY, 2020 which is a 27.9% decrease from the previous period.
| EUR | |
|---|---|
Revenue (FY, 2020) | 514.0m |
Revenue growth (FY, 2019 - FY, 2020), % | (27.9%) |
Gross profit (FY, 2020) | 241.4m |
Gross profit margin (FY, 2020), % | 47% |
Net income (FY, 2020) | (70.2m) |
EBIT (FY, 2020) | (32.0m) |
Cash (31-Dec-2020) | 179.6m |
| EUR | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Revenue | 683.2m | 712.9m | 514.0m |
Revenue growth, % | 4% | (28%) | |
Cost of goods sold | 315.5m | 327.6m | 272.6m |
Gross profit | 367.7m | 385.3m | 241.4m |
| EUR | FY, 2018 | FY, 2019 | FY, 2020 |
|---|---|---|---|
Cash | 6.3m | 26.9m | 179.6m |
Accounts Receivable | 249.5m | 249.8m | 184.7m |
Inventories | 156.9m | 145.5m | 153.6m |
Current Assets | 426.1m | 430.8m | 548.6m |
| EUR | FY, 2018 |
|---|---|
Revenue/Employee | 722.2k |
Debt/Equity | 3 x |
Debt/Assets | 0.6 x |
Financial Leverage | 4.9 x |
Aernnova Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Hamble | October 04, 2019 | |
| Structural Integrity Engineering | March 29, 2019 | |
| Brek Manufacturing | April 06, 2017 | |
| SERRA | December 31, 2008 | |
| Intec-Air | December 31, 2005 | |
| ICSA | December 31, 2004 | |
| NMF Europe | December 31, 2003 | |
| AEC AUTOMOTIVE EQUIPMENT CONTRACTOR S.R.L. | ||
| AERNNOVA AEROESTRUCTURAS ALAVA, S.A. | ||
| Aernnova Aerospace México, S.A. de C.V. |
Aernnova Cybersecurity Score
Aernnova Online and Social Media Presence
271 Twitter followers
Aernnova has 271 Twitter Followers. The number of followers has increased 0.6% month over month and decreased 0.1% quarter over quarter
Aernnova's Trends
Aernnova News and Updates
January 12, 2022
Embraer and Aernnova announce new strategic partnership in Évora
Embraer (B3: EMBR3,NYSE: ERJ) and Aernnova, an international reference company in the supply of aerostructures, today announced a strategic partnership for Embraer Metálicas and Embraer Compósitos industrial units, located in the Aeronautical Industry Park of Évora, Portugal. The transaction contemp…
December 11, 2019
Aerion Supersonic Selects Aernnova to Design and Develop Mid Fuselage for the AS2 Supersonic Business Jet
RENO, Nev., Dec. 11, 2019 /PRNewswire/ -- Aerion Supersonic, the leader in supersonic technology, today announced it has selected Aernnova to design and develop the mid fuselage, a major fuselage component, for the AS2 supersonic business jet. Mr. Iñaki Lopez Gandasegui, Chairman & CEO of...
October 17, 2018
Advancing Aerostructure Design And Manufacturing: UTC Aerospace Systems To Collaborate With Aernnova Aerospace
CHARLOTTE, N.C., Oct. 17, 2018 /PRNewswire/ -- UTC Aerospace Systems, a unit of United Technologies Corp. (NYSE: UTX), today announced that it has signed a letter of intent for a strategic collaboration with Aernnova Aerospace. This collaboration will focus on advancing aircraft...
Aernnova Blogs
January 31, 2022
Aernnova Aeroestructuras Alava receives the visit of the Minister for Regional Policy of the Spanish Government, Isabel Rodríguez
The Minister for Regional Policy and Spokesperson of the Spanish Government Isabel Rodríguez, has made an institutional visit to the Aernnova site in Berantevilla. Accompanied by the Chairman of Aernnova (Iñaki López Gandásegui) the CEO (Ricardo Chocarro), the Director of Institutional Relations (Ja…
January 12, 2022
EMBRAER AND AERNNOVA ANNOUNCE NEW STRATEGIC PARTNERSHIP IN ÉVORA
– Under the terms of the partnership, Aernnova acquires Embraer industrial plants in Évora, Portugal, and a long term supply agreement is signed between both companies Embraer and Aernnova, today announced a strategic partnership for Embraer Metálicas and Embraer Compósitos industrial units…
December 17, 2021
First Clean Aviation Joint Undertaking Governing Board welcomes new members and agrees on pathway towards climate-neutral aviation
The Governing Board of the Clean Aviation Joint Undertaking today endorsed the Strategic Research and Innovation Agenda towards climate-neutral aviation by 2050. At its first meeting the Governing Board welcomed Rosalinde van der Vlies, the European Commission’s Director for Clean Planet as Chair an…
November 24, 2021
Heart Aerospace Selects Aernnova to design and develop the structure for the ES-19 Electric Airplane
Heart Aerospace has selected Arennova to co-design the structure for the new ES-19 electric airplane – an all-electric aircraft designed to carry nineteen passengers on short regional routes. The aircraft will enter into service in 2026. Aernnova will work together with Heart’s engineers in the desi…
November 18, 2021
Aernnova has been selected by Airbus for the Operational Excellence Award
This award recognizes Aernnova for its exceptional industrial performance. The award was announced during the annual Airbus Global Supplier conference held last October 29, hosted by Juergen Westermeier, Airbus CPO, and attended by Airbus suppliers. Awards were presented in three different categori…
October 15, 2019
AERNNOVA GROUP WILL BE REPRESENTED AT MRO EUROPE 2019 EXHIBITION
AERNNOVA Group will be represented in MRO Europe 2019 through two of its affiliates: ARNNOVA Engineering & AERNNOVA Aircraft Services, both of them with operations in the aftermarket, to OEMs, Independent MROs and Operators. AERNNOVA Engineering withholds the Ho Design office, and works on the …
Aernnova Frequently Asked Questions
When was Aernnova founded?
Aernnova was founded in 1993.
Who are Aernnova key executives?
Aernnova's key executives are Ricardo Chocarro, Eduardo Del Campo and Iñigo Gimenez Sainz de la Maza.
How many employees does Aernnova have?
Aernnova has 4,633 employees.
What is Aernnova revenue?
Latest Aernnova annual revenue is €514 m.
What is Aernnova revenue per employee?
Latest Aernnova revenue per employee is €111 k.
Who are Aernnova competitors?
Competitors of Aernnova include Triumph Aerostructures, STELIA Aerospace and NORDAM.
Where is Aernnova headquarters?
Aernnova headquarters is located at Leonardo Da Vinci Kalea, Miñano Mayor.
Where are Aernnova offices?
Aernnova has offices in Miñano Mayor, Alava, Illescas, La Rinconada and in 3 other locations.
How many offices does Aernnova have?
Aernnova has 7 offices.
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