Airbus Helicopters’ earnings up 9% in first nine months
Airbus Helicopters’ earnings (before interest and taxes) climbed 9% to reach €380m ($377.38m) in the first nine months of this year, compared with the same period of 2021. The increase reflected growth in services and a favourable mix in programmes, according to the OEM. “It also reflects non-recurring elements booked in Q1, including the positive impact related to retirement obligations.”
The manufacturer registered 246 net helicopter orders, with bookings well spread across programmes. That compares with 185 units in the first nine months of last year. Airbus Helicopters delivered 193 units over the first three quarters – one fewer than last year.
Meanwhile, Airbus reported 856 gross commercial aircraft orders in the first nine months of this year compared with 270 aircraft in the same period of last year. Net orders reached 647 aircraft after cancellations.
Guillaume Faury, CEO, Airbus said: “Airbus delivered a solid nine-month 2022 financial performance in a complex operating environment,” said “The supply chain remains fragile resulting from the cumulative impact of Covid, the war in Ukraine, energy supply issues and constrained labour markets.”
Airbus’s 2022 guidance is to delivers about 700 commercial aircraft deliveries and about €5.5bn ($5.47bn) of EBIT Adjusted. (Pictured is H145 helicopter deployed on a search-and-rescue mission).
Airbus Helicopters Nine months results – at a glance
- Earnings: 9% up to €380m ($377.38m)
- Helicopter orders: 246 net helicopter orders
- Helicopter deliveries: 193 units.