Financial Performance and Management Overview

AI Convoy (Luxembourg) S.à r.l. presents its Consolidated Financial Statements, Management Report, and the Report of the Réviseur d'Entreprises Agréé for the fiscal year ending December 31, 2022. This comprehensive report details the company's financial health, operational performance, and strategic direction.

Company Background and Strategy

The document outlines the history and ownership structure of Cobham, highlighting its acquisition by funds managed by Advent International Corporation. It provides insights into Advent International's background as a global private equity firm and details Cobham's business model, which focuses on innovative solutions in the defense, aerospace, and space markets. The report emphasizes the company's commitment to research and development, corporate responsibility, and sustainability.

Key Financial Highlights

Key performance indicators (KPIs) such as Revenue and EBITDA are presented for both statutory and underlying performance bases. The report details the company's financial position, including net debt, cash flow, and equity. It also covers significant events during the year, such as divestments and acquisitions, and discusses principal risks and uncertainties, including continuity of operations, product risk, and financial management.

Employee and Operational Focus

The report also touches upon the company's approach to recruitment, diversity, inclusion, and anti-discrimination. It highlights Cobham's commitment to creating a safe and healthy workplace, employee consultation, and performance development through training and reviews. The company's strategy for future development is also discussed, emphasizing its well-positioned niche in high-growth markets.