Airbus reports First Quarter (Q1) 2021
results
- 125 commercial aircraft delivered in a market
environment that remains uncertain
- Strong focus on cost and cash containment; progress on
restructuring
- Revenues € 10.5 billion; EBIT Adjusted € 0.7 billion
- EBIT (reported)
€ 0.5 billion; EPS (reported) €
0.46
- Free cash flow before M&A and customer financing €
1.2 billion, including positive phasing impact
- Net cash position at € 5.6
billion
- The guidance issued in February 2021 remains
unchanged
Amsterdam, 29 April 2021 – Airbus SE (stock
exchange symbol: AIR) reported consolidated financial results for its First
Quarter (Q1) ended 31 March 2021.
“The good Q1 results mainly reflect our commercial
aircraft delivery performance, cost and cash containment, progress with the
restructuring plan as well as positive contributions from our helicopter and
defence and space activities,” said Airbus Chief Executive Officer Guillaume
Faury. “The first quarter shows that the crisis is not yet over for our
industry, and that the market remains uncertain. We are investing in innovation
and in the transformation of our Company to deliver on our long-term ambitions
across the portfolio.”
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