Airbus SE has reported its consolidated Full-Year (FY) 2023 financial results, demonstrating a strong performance despite a complex operating environment.
Airbus delivered 735 commercial aircraft to 87 customers worldwide in 2023. The company’s revenues increased by 11% year-on-year to €65.4 billion, up from €58.8 billion in 2022. This increase is primarily due to the higher number of deliveries.
Guillaume Faury, Airbus Chief Executive Officer, said:
In 2023, we recorded strong order intake across all our businesses and we delivered on our commitments. This was a significant achievement given the complexity of the operating environment.
The company’s EBIT Adjusted was €5.8 billion, and the net cash position was €10.7 billion. Airbus also achieved its 2023 guidance and issued its guidance for 2024.
The company’s dividend proposals reflect the strong 2023 financials, growth prospects in 2024, and balance sheet strength. A dividend of €1.80 per share and a special dividend of €1.00 per share have been proposed.
Gross commercial aircraft orders totaled 2,319, with net orders of 2,094 aircraft after cancellations. The order backlog amounted to 8,598 commercial aircraft at the end of 2023.
Airbus Helicopters registered 393 net orders, and Airbus Defence and Space’s order intake by value increased 15 percent to €15.7 billion.
The consolidated order book was valued at €554 billion at the end of 2023, reflecting a company-wide book-to-bill of well above 1.
Faury commented:
We will continue to invest in our global industrial system, while progressing on our transformation and decarbonisation journey. Our dividend proposals are a reflection of the strong 2023 financials, our growth prospects in 2024 and balance sheet strength.
Leave a comment