POST Online Media Lite Edition



 

Airbus H1 consolidated revenues stable at €25 billion

Staff Writer |
Airbus reported half-year (H1) 2018 consolidated financial results and maintained its guidance for the full year.

Article continues below




Consolidated revenues were stable at €25.0 billion (H1 2017: €25.2 billion), reflecting the commercial aircraft delivery mix and perimeter changes as well as the weakening of the U.S. dollar.

Deliveries totalled 303 commercial aircraft (H1 2017: 306 aircraft), comprising 239 A320 Family, 18 A330s, 40 A350 XWBs and six A380s. Airbus Helicopters delivered 141 units (H1 2017: 190 units) with revenues mainly reflecting the perimeter change from the sale of Vector Aerospace in late 2017.

Revenues at Airbus Defence and Space reflected the stable core business and solid programme execution as well as the perimeter change mainly related to the divestment of Defence Electronics in February 2017 and Airbus DS Communications, Inc. in March 2018.

Consolidated EBIT Adjusted – an alternative performance measure and key indicator capturing the underlying business margin by excluding material charges or profits caused by movements in provisions related to programmes, restructuring or foreign exchange impacts as well as capital gains/losses from the disposal and acquisition of businesses – totalled €1,162 million (H1 2017: €553 million).

Airbus’ EBIT Adjusted of €867 million (H1 2017: €257 million), reflected mainly the strong improvement on the A350 programme and the A320neo ramp-up and transition.


What to read next

Airbus profit down 66%
Airbus Group 9M net income 1.81 billion euros
Airbus Q3 net income surges