Airbus has posted its consolidated financial results for the nine months ended 30 September 2022.
Consolidated revenues increased to €38.1 billion (9m 2021: €35.2 billion). A total of 437 commercial aircraft were delivered (9m 2021: 424 aircraft), comprising 34 A220s, 340 A320 family, 21 A330s and 42 A350s. Revenues generated by Airbus’ commercial aircraft activities increased 8% year-on-year, mainly reflecting the higher number of deliveries including a favourable mix and the strengthening of the US dollar. Airbus Helicopters delivered 193 units (9m 2021: 194 units), with revenues rising by 9% mainly reflecting growth in services and a favourable mix in programmes. Revenues at Airbus Defence and Space increased 10%, mainly driven by the Military Aircraft business and the Eurodrone contract signature. Seven A400M airlifters were delivered in 9m 2022.
Consolidated EBIT Adjusted increased slightly to €3,481 million (9m 2021: €3,369 million).
EBIT Adjusted related to Airbus’ commercial aircraft activities increased to €2,875 million (9m 2021: €2,739 million). It included the non-recurring positive impact from retirement obligations recorded in Q1, partly offset by the impact from international sanctions against Russia. It also reflects a less favourable hedge rate compared to 9m 2021.
Gross commercial aircraft orders increased to 856 (9m 2021: 270 aircraft) with net orders of 647 aircraft after cancellations (9m 2021: 133 aircraft). The order backlog amounted to 7,294 commercial aircraft at the end of September 2022. Airbus Helicopters registered 246 net orders (9m 2021: 185 units), with bookings well spread across programmes. Airbus Defence and Space’s order intake by value was €8.0 billion (9m 2021: €10.1 billion), corresponding to a book-to-bill ratio slightly above 1. Third quarter 2022 order intake mainly related to services across the division’s portfolio (£1.00 = €1.16 at time of publication).
