Airbus closed 2023 with a net profit of 3,8 billion euros, down 11% compared to the 2022 record. the result were delays and additional costs for satellite programs. Turnover increased by 11% to 65,4 billion euros. The division commercial aircraft, up 15%, represents almost three-quarters of revenues and 78% of operating profit.
Airbus, the objectives for 2024
“In 2023, all of our businesses saw significant order intake and we delivered on our commitments. This is a remarkable achievement given the complexity of the operating environment,” commented Airbus Executive Chairman, Guillaume Faury. After missing its 2022 aircraft deliveries target, Airbus delivered 2023 units to its customers in 735 despite persistent difficulties in its supply chain. For 2024 it plans to deliver "around 800", equal to the number of planes delivered in 2018, before the pandemic overwhelmed the aviation sector.
Airbus, dividend of 1,8 euros plus special dividend
The group also collected 2.094 net orders last year, breaking the previous record dating back to 2013. For 2024, Airbus expects an Ebit between 6,5 and 7 billion euros from the 5,8 billion adjusted Ebit of 2023 (in growth from 5,627 billion in 2022). The board of directors will propose to the shareholders' meeting a dividend of 1,8 euros per share and a special dividend of 1 euro per share.
Airbus, because it increases the value of the order book
Consolidated order volume in value terms increased to €186,5 billion (from €82,5 billion in 2022) with a consolidated order book valued at €554 billion at the end of 2023 (year-end 2022: €449 billion). EUR). The increase in consolidated order book value primarily reflects company-wide book-to-bill well above 1, partially offset by the weakening US dollar. As regards the estimates for 2024, in addition to the target of an adjusted Ebit between 6,5 and 7 billion, the group - as anticipated by Faury - estimates delivering around 800 commercial aircraft and a free cash flow before customer financing of approximately 4 billion euros.
