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Boeing revenue up 30% in 1Q2012

26-Apr-2012 11:15 AM

Boeing revenue up 30.0% - financial highlights for the three months ended Mar-2012:

  • Revenue: USD19,383 million, +30.0% year-on-year;
    • Commercial Airplanes: USD10,937 million, +54%;
  • Earnings from operations: USD1570 million, +57%;
    • Commercial Airplanes: USD1081 million, compared to USD509 million in p-c-p;
  • Net profit: USD923 million, +58%;
  • Commercial Airplanes deliveries: 137, +32%;
  • 2012 forecast:
    • Revenue: USD78 billion to USD80 billion;
    • Commercial airplanes deliveries*: 585 to 600
  • Total assets: USD80,205 million, +0.3% when compared to period ended 31-Dec-2011;
  • Cash and cash equivalents: USD6718 million, -33.1% when compared to period ended 31-Dec-2011. [more – original PR]

*2012 is sold out and includes an expected 70 to 85 787 and 747-8 deliveries, of which approximately half are 787 aircraft.