26-Jul-2012 10:42 AM
Boeing reports strong 2Q2012 results, 'strengthens' full year guidance
Boeing revenue up 21% - financial highlights:
- Three months ended 30-Jun-2012:
- Revenue: USD20,005 million, +21% year-on-year;
- Commercial airplanes: USD11,843 million, +34%;
- Boeing Capital Corp: USD99 million, -33%;
- Operating profit: USD1548 million, +1%;
- Commercial airplanes: USD1211 million, +32%;
- Boeing Capital Corp: USD31 million, -50%;
- Net profit: USD967 million, +3%;
- Commercial airplanes deliveries: 150, +27%;
- Revenue: USD20,005 million, +21% year-on-year;
- Six months ended 30-Jun-2012:
- Revenue: USD39,453 million, +25%;
- Commercial airplanes: USD22,780 million, +29%;
- Boeing Capital Corp: USD224 million, -23%;
- Operating profit: USD3118 million, +23%;
- Commercial airplanes: USD2292 million, +60%;
- Boeing Capital Corp: USD69 million, -39%;
- Net profit: USD1890 million, +24%;
- Commercial airplanes deliveries: 287, +29%;
- Contractual backlog: USD354,600 million, +4.4% when compared to period ended 31-Dec-2011;
- Commercial airplanes: USD300,400 million, +2.4% when compared to period ended 31-Dec-2011;
- Total assets: USD81,595 million, +2.0% when compared to period ended 31-Dec-2011;
- Cash and cash equivalents: USD6305 million, -37.3% when compared to period ended 31-Dec-2011;
- Total liabilities: USD75,703 million, -0.9% when compared to period ended 31-Dec-2011;
- Revenue: USD39,453 million, +25%;
- 2012 forecast:
- Revenue: USD79,500 million to USD81,500 million;
- Commercial airplanes: USD47,500 million to USD49,500 million;
- Boeing Capital Corp: USD400 million
- Operating margin:
- Commercial airplanes: 9.0%;
- Commercial airplanes deliveries: 585 to 600;
- Capital expenditures: USD2000 million. [more - original PR]
- Revenue: USD79,500 million to USD81,500 million;
Boeing: "As a result of this solid first-half performance, we have strengthened our outlook for the year," Jim McNerney, chairman, president and CEO. Source: Company statement, 25-Jul-2012.