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Boeing reports USD519 million net profit in 1Q2010

22-Apr-2010 10:15 AM
Boeing reports (21-Apr-2010) the following financial highlights for the three months ended 31-Mar-2010:
  • Revenue: USD15,216 million, -8% year-on-year;
  • Operating profit: USD1,174 million, +15%;
  • Operating profit margin: 7.7%, +1.5 ppts;
  • Net profit: USD519 million, -15%;
  • Commercial Airplanes:
    • Revenue: USD7,468 million, -13% year-on-year;
    • Operating profit: USD679 million, +63%;
    • Operating profit margin: 9.1%, +4.2 ppts;
    • Aircraft deliveries: 108, -11%.
  • Outlook 2010:
  • Revenue: USD64 billion to USD66 billion;
  • Commercial Airplanes:
    • Deliveries: 460-465;
    • Revenue: USD31 billion to USD32 billion;
    • Operating profit margin: 6.5% to 7.5%. [more]