Strong Revenue and EBIT Growth
Group revenues increased by 19% to nearly EUR 6.3 billion, and adjusted EBIT rose by 34% to EUR 995 million, resulting in a strong EBIT margin of 15.9%.
Robust Free Cash Flow
Free cash flow came in at EUR 279 million, representing a better-than-expected cash conversion rate of 39%.
Positive Market Trends
Passenger traffic rose by 5% year-to-date in August, and cargo traffic showed a growth of 3.3% year-to-date.
Order and Certification Milestones
Germany confirmed the procurement of 20 Eurofighter aircraft, and the GTF Advantage received EASA certification.
Expanding MRO and OEM Segments
Organic commercial OE revenues in U.S. dollars increased by a high single-digit percentage, and reported MRO revenues increased by 20% year-over-year to EUR 4.3 billion.