2-Mar-2015 2:06 PM
Airbus projects higher deliveries for 2015, sees order book growth
Airbus Group reported (27-Feb-2015) the following guidance for 2015:
- As the basis for its 2015 guidance, Airbus Group expects the world economy and air traffic to grow in line with prevailing independent forecasts and assumes no major disruptions;
- Airbus deliveries should be slightly higher than in 2014;
- Commercial aircraft order book is expected to grow;
- Based on our current view of the industrial ramp up, Airbus Group targets breakeven free cash flow in 2015 before merger and acquisition activities;
- Airbus Group proposed a dividend for 2014 of EUR1.20 per share, a growth of 60% compared to 2013, and a payout ratio of 40% in line with the top end of the Group's stated dividend policy;
- Airbus Group targets its earnings per share and dividend per share to increase further in 2015;
- Airbus Group expects an increase in revenues and targets a slight increase in EBIT before one-off, in 2015, before mergers & acquisitions. [more - original PR]