Airbus reports 1H EPS EUR 1.94, 1H revenue EUR 27.7B

Airbus reported consolidated financial results for the Half-Year ended June 30, reporting gross commercial aircraft orders totaled 1,080, with net orders of 1,044 aircraft after cancellations. The order backlog amounted to a “record” 7,967 commercial aircraft at the end of June. Consolidated revenues increased 11% year-on-year to EUR 27.7B. A total of 316 commercial aircraft were delivered, comprising 25 A220s, 256 A320 Family, 14 A330s and 21 A350s. Consolidated net income was EUR 1.526B with consolidated reported earnings per share of EUR 1.94. “During the first half of 2023 we progressed well across our businesses in an operational environment that remains complex. Our commercial aircraft are in strong demand, as demonstrated by more than 800 orders announced at the Paris Air Show. This demand is driven both by growth and fleet replacement as airlines invest in more fuel efficient fleets. Based on this H1 performance, we maintain our 2023 guidance,” said Guillaume Faury, Airbus CEO.