22-Apr-2010 10:15 AM
Boeing reports USD519 million net profit in 1Q2010
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]