Airbus reported its 3rd Quarter 2024 financial results earlier today. Results for the company were positive in commercial aircraft and helicopters, but down for defence and space. Overall, the quarter was positive, and management confirmed full year guidance for 2024 for 770 aircraft, €5.5 billion in EBIT and €3.5 billion in free cash flow. The management presentation that accompanied the conference call is available here.
Earnings per share of €1.24 during the quarter beat the consensus of €1.11. Revenues in the quarter were up 5.5% YoY at €15.7 billion. The company ended the quarter with a consolidated net cash position of €7.2 billion.
Airbus reported its 3rd Quarter 2024 financial results earlier today. Results for the company were positive in commercial aircraft and helicopters, but down for defence and space. Overall, the quarter was positive, and management confirmed full year guidance for 2024 for 770 aircraft, €5.5 billion in EBIT and €3.5 billion in free cash flow. The management presentation that accompanied the conference call is available here.
