Airbus reports Q1 EPS EUR 1.01 vs. EUR 0.76 last year

Reports Q1 revenue EUR 13.5B vs. EUR 12.8B. Reports consolidated EBIT adjusted EUR 624M vs. EUR 577M. Reports gross commercial aircraft orders of 280 vs. 170 last year, with net orders of 204 aircraft after cancellations. “Our Q1 results demonstrate the progress we are making on our priorities across the business. We are ramping up production in line with our plan but the delivery profile will be backloaded, reflecting the specific supply chain challenges we are facing this year,” said Guillaume Faury, Airbus (EADSY) Chief Executive Officer. “We maintain the guidance that excludes tariffs which are adding complexity and remain uncertain in terms of implementation, scope and duration. We are closely monitoring and assessing the situation, but it is too early to quantify the impact today. When it comes to our defence activities, we support the recent approach to strengthen the European defence industry and we stand ready with our broad portfolio of products and solutions to respond to our customers’ requirements.”