Recaro Holding sitting comfortably on healthy order book

Stuttgart, Germany – Family-owned Recaro Holding has reported double-digit revenue growth for 2024 as it returns to pre-pandemic performance levels. The seating manufacturer generated €588m in 2024, up from €524m the previous year, and is anticipating a similar growth trajectory for 2025 on the back of an order book of more than £2bn, boosted by an expanding footprint within the business class segment.

In preparation for this outlook, Recaro Aircraft Seating has implemented a global “fit4growth” programme allowing for a smooth ramp-up of production. A focus for this initiative was placed on upcoming customer programmes including collaboration with Southwest Airlines, Cathay Pacific and Iberia.

The company also continues to invest in its cross-site initiative, “space2grow”, focused on site expansions and upgrades, and hired more than 300 team members globally in 2024. In line with this initiative, a new production and office building at its facility in Poland is expecting to be finalised in 2026.

There will be a significant ramp-up in 2025 for its R3 long-haul economy class seat programme. This has more than 40 programmes, highlighted by the first Iberia A321XLR flight in November 2024.

In addition, Recaro Rail unveiled the Luna seat in September 2024. The company claims this allows for an increased level of customisation and was developed with sustainability in mind, boasting a 98% recyclability rate.

“Looking into the next five years, Recaro will continue to build on its strong financial performance and strategic advancements paving the market leader way for a strong future,” said Mark Hiller, CEO of Recaro Holding and Recaro Aircraft Seating.

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