Airbus Group's commercial aircraft profit down by double-digits in 1H2016

Airbus Group revenue down 1% - financial highlights:

• Three months ended 30-Jun-2016:
• • Revenue: EUR16,572 million, -1% year-on-year;
  • • Commercial aircraft: EUR12,393 million, -1%;
  • EBIT before one-off: EUR1183 million, -4%;
  • • Commercial aircraft: EUR863 million, -10%;
  • EBIT: EUR1491 million, +51%;
  • • Commercial aircraft: EUR131 million, -87%;
  • Net profit: EUR1362 million, +86%;
• Six months ended 30-Jun-2016:
• • Revenue: EUR28,755 million, stable;
  • • Commercial aircraft: EUR21,061 million, stable;
  • EBIT before one-off: EUR1684 million, -11%;
  • • Commercial aircraft: EUR1270 million, -17%;
  • EBIT: EUR1856 million, -17%;
  • • Commercial aircraft: EUR421 million, -70%;
  • Net profit: EUR1761 million, +16%;
  • Order book: EUR978,087 million, -3%;
  • • Commercial aircraft: EUR930,885 million, -2%;
  • Commercial intake: EUR39,135 million, -27%;
  • • Commercial aircraft: EUR32,302 million, -30%;
  • Total assets: EUR109,482 million;
  • Cash and cash equivalents: EUR7965 million;
  • Total liabilities: EUR103,429 million. [more - original PR]

Airbus Group: "The first-half underlying financial performance reflects our well-flagged back-loaded aircraft delivery schedule this year. We continue to see good demand for our products as shown by the brisk order intake at the Farnborough Airshow, with the production ramp-up supported by our robust and diversified commercial backlog. Our operational focus remains squarely on the A320 and A350 ramp-ups and transition to the new engine version of the A320," Tom Enders, CEO. Source: Company statement, 27-Jul-2016.