DGAP-Adhoc
Airbus Group N.V.: Airbus Group Shows Continued Progress In Half-Year (H1) 2014 Results
Airbus Group N.V. / Key word(s): Half Year Results
30.07.2014 06:59
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Ad-hoc release, 30 July 2014
Airbus Group Shows Continued Progress In Half-Year (H1) 2014 Results
- Revenues increase six percent to EUR 27.2 billion
- EBIT* before one-off up 10 percent to EUR 1.77 billion
- Net income rises 50 percent to EUR 1.14 billion
- 2014 guidance confirmed with Airbus net book-to-bill above 1
- 2015 return on sales guidance pre A330neo unchanged
Amsterdam, 30 July 2014 - Airbus Group (stock exchange symbol: AIR)
reported solid results for the first half of 2014, reflecting operational
improvement and the continued focus on programme execution.
Demand for the Group's products remains strong as shown at July's
Farnborough Air Show, where Airbus announced 496 aircraft orders and
commitments confirming the health of the commercial aircraft market. The
A330neo was endorsed by the market with 121 commitments announced at the
show. Group order intake(2) in the first half was EUR 27.7 billion (H1
2013: EUR 95.6 billion(1)), with the order book(2) worth EUR 677.4 billion
on 30 June, 2014 (year-end 2013: EUR 680.6 billion(1)). Airbus received 290
net commercial aircraft orders (H1 2013: 722 net orders(1)). Net order
intake at Airbus Helicopters was 148 units (H1 2013: 167 units) while in
July agreements were signed to supply 123 rotorcraft to China. Airbus
Defence and Space's order intake by value was stable, with continued
momentum in space activities and 17 light and medium transport aircraft
orders received.
"The first half of 2014 was all about keeping our main development and
series programmes on track and implementing our restructuring plans in
defence and space," said Airbus Group CEO Tom Enders. "This is shown in the
solid improvement in revenues and profitability.
We saw good commercial order momentum at Farnborough and have shown our
commitment to ensure the Group's long-term competitiveness through the
A330neo launch and the joint venture in space launchers."
Group revenues increased six percent to EUR 27.2 billion (H1 2013: EUR 25.7
billion(1)), driven by Airbus Commercial Aircraft and Airbus Helicopters
with flat revenues at Airbus Defence
and Space. Airbus' revenues rose seven percent, reflecting the increase in
deliveries to
303 aircraft (H1 2013: 295 deliveries(1)) and a more favourable mix,
Airbus Group Shows Continued Progress In Half-Year (H1) 2014 Results
- Revenues increase six percent to EUR 27.2 billion
- EBIT* before one-off up 10 percent to EUR 1.77 billion
- Net income rises 50 percent to EUR 1.14 billion
- 2014 guidance confirmed with Airbus net book-to-bill above 1
- 2015 return on sales guidance pre A330neo unchanged
Amsterdam, 30 July 2014 - Airbus Group (stock exchange symbol: AIR)
reported solid results for the first half of 2014, reflecting operational
improvement and the continued focus on programme execution.
Demand for the Group's products remains strong as shown at July's
Farnborough Air Show, where Airbus announced 496 aircraft orders and
commitments confirming the health of the commercial aircraft market. The
A330neo was endorsed by the market with 121 commitments announced at the
show. Group order intake(2) in the first half was EUR 27.7 billion (H1
2013: EUR 95.6 billion(1)), with the order book(2) worth EUR 677.4 billion
on 30 June, 2014 (year-end 2013: EUR 680.6 billion(1)). Airbus received 290
net commercial aircraft orders (H1 2013: 722 net orders(1)). Net order
intake at Airbus Helicopters was 148 units (H1 2013: 167 units) while in
July agreements were signed to supply 123 rotorcraft to China. Airbus
Defence and Space's order intake by value was stable, with continued
momentum in space activities and 17 light and medium transport aircraft
orders received.
"The first half of 2014 was all about keeping our main development and
series programmes on track and implementing our restructuring plans in
defence and space," said Airbus Group CEO Tom Enders. "This is shown in the
solid improvement in revenues and profitability.
We saw good commercial order momentum at Farnborough and have shown our
commitment to ensure the Group's long-term competitiveness through the
A330neo launch and the joint venture in space launchers."
Group revenues increased six percent to EUR 27.2 billion (H1 2013: EUR 25.7
billion(1)), driven by Airbus Commercial Aircraft and Airbus Helicopters
with flat revenues at Airbus Defence
and Space. Airbus' revenues rose seven percent, reflecting the increase in
deliveries to
303 aircraft (H1 2013: 295 deliveries(1)) and a more favourable mix,
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