Aircraft seat manufacturer Recaro grew its revenues with 22% to almost €600 million in 2018. With this result, Recaro continues its more than 15 years of non-stop double-digit growth. The global passenger seat market grew approx. five percent per year in that same period.
Recaro will invest ten percent of this positive revenue back into the company to fuel further growth. On the one hand this will be utilized to ignite expansion in Germany and globally. On the other, it enables extra investment in research and development. This will help Recaro achieve its goal of becoming the number one supplier in the business class seat market in the long run.
