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Airbus returns a US$2.6bln interim profit to June 2021
July 29th 2021
Airbus today announced a net profit of 2.2 billion euros (US$2.6 billion) for the six months to June 30, returning to the black from a net loss of 1.9 billion euros in the same six months in 2020. Read More » Revenue grew 30%, to 24.6 billion euros, Airbus said. The company has updated its guidance for 2021 to 600 aircraft deliveries in the year and adjusted earnings, before interest and tax (EBIT), to four billion euros, up from two billion euros, with free cash flow before mergers and acquisitions and customer financing at two billion euros. “These half-year results reflect commercial aircraft deliveries, our focus on cost containment and competitiveness and good performances in helicopters and defence and space, Airbus CEO, Guillaume Faury, said. "Although the COVID-19 pandemic continues, the numerous actions taken by the teams have delivered a strong first half performance. This enables us to raise our 2021 guidance although we continue to face an unpredictable environment."
