Airbus EBIT up 87% in 1H2019, commercial segment EBIT up 178%

Airbus reported (31-Jul-2019) the following financial highlights:

• Three months ended 30-Jun-2019:
  • Revenue: EUR18,317 million, +23% year-on-year;
    • Airbus (commercial): EUR14,346 million, +27%;
  • EBIT: EUR1912 million, +108%;
    • Airbus: EUR1759 million, +127%;
  • EBIT adjusted: EUR1980 million, +72%;
    • Airbus: EUR1802 million, +98%;
  • Research and development expense: EUR769 million, -2%;
  • Net profit: EUR1157 million, +454%;
• Six months ended 30-Jun-2019:
  • Revenue: EUR30,866 million, +24% year-on-year;
    • Airbus: EUR24,043 million, +30%;
  • EBIT: EUR2093 million, +87%;
    • Airbus: EUR2151 million, +178%;
  • EBIT adjusted: EUR2529 million, +118%;
    • Airbus: EUR2338 million, +170%;
  • Research and development expense: EUR1423 million, +1%;
    • Airbus: EUR1008 million, +3%;
  • Net profit: EUR1201 million, +144%;
  • Total assets: EUR112,456 million;
    • Cash and cash equivalents: EUR5218 million;
  • Total liabilities: EUR105,024 million. [more - original PR]