Airbus Reports Strong 2024 Financial Performance

Airbus Reports Strong 2024 Financial Performance

Airbus Group ( (EADSF) ) has released its Q4 earnings. Here is a breakdown of the information Airbus Group presented to its investors.

Airbus Group, a leading global aerospace corporation, specializes in the design, manufacture, and delivery of commercial aircraft, helicopters, and defense and space systems, with a strong focus on innovation and sustainability within the aerospace sector.

In its full-year 2024 financial report, Airbus has demonstrated robust financial performance, achieving significant milestones in aircraft deliveries, revenue growth, and profitability. The company delivered 766 commercial aircraft and achieved revenues of €69.2 billion, with an EBIT Adjusted of €5.4 billion.

Key financial highlights include a 6% increase in consolidated revenues compared to the previous year, driven by higher aircraft deliveries and strong performance across all divisions. The Airbus Helicopters division saw an 8% revenue growth due to increased deliveries and service demand. Meanwhile, Airbus Defence and Space achieved a record order intake valued at €16.7 billion. However, challenges in the space programs led to a negative EBIT Adjusted for this segment.

Moving forward, Airbus remains focused on its strategic priorities, including the production ramp-up for its A320 Family and addressing supply chain challenges. The company is optimistic about its future, aiming for 820 aircraft deliveries and an EBIT Adjusted of around €7.0 billion in 2025, reflecting its commitment to sustainable growth and shareholder value.

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