17-May-2012 12:13 PM
EADS profits up in 1Q2012
EADS revenue up 16% - financial highlights for three months ended 31-Mar-2012:
- Revenue: EUR11,404 million, +15.7% year-on-year;
- Airbus commercial: EUR7499 million, +12%;
- EBITDA: EUR776 million, +31.7%;
- EBIT: EUR343 million, +78.6%;
- Airbus commercial: EUR125 million, +17%;
- Net profit: EUR133 million, compared to a loss of EUR12 million in p-c-p;
- Aircraft deliveries: 131 commercial aircraft;
- Aircraft orders: 90 commercial aircraft;
- Order intake: EUR12,004 million, +91.5%;
- Airbus commercial: EUR7530 million, +106%;
- Order book: EUR526,178 million, -2.7% when compared to period ended 31-Dec-2011;
- Airbus commercial: EUR460,288 million, -3% when compared to period ended 31-Dec-2011;
- Total assets: EUR88,730 million, +0.3% when compared to period ended 31-Dec-2011;
- Cash: EUR4580 million, -13.3% when compared to period ended 31-Dec-2011;
- Total liabilities: EUR78,550 million, -1.3% when compared to period ended 31-Dec-2011;
- FY2012 forecast:
- Revenue: +6%;
- EBIT before on-off: Above EUR2500 million;
- Aircraft deliveries: 570 aircraft;
- A380: 30. [more - original PR]
EADS: "Demand for commercial aircraft and civil helicopters remains healthy and our institutional business fared reasonably well despite European budget pressures and an uncertain economic environment. This led to better-than-expected revenues and EBIT before one-off in the first quarter, which strongly confirms the level of our 2012 performance targets," Louis Gallois, CEO. Source: Company statement, 16-May-2012.