Our nine-month results are mainly driven by the performance in commercial aircraft, reflecting both the A320neo ramp-up and progress on the A350. We are focused on the A320neo ramp-up and improving the industrial flow while managing the higher level of complexity on the A321 ACF in particular. Our nine-month delivery numbers and the updated delivery outlook for the year reflect the underlying actions to secure a more efficient delivery flow in the next years as we progress to rate 63 per month for the A320 Family in 2021. The full-year free cash flow guidance has been adjusted to reflect the revised delivery outlook while the EBIT Adjusted target is maintained. We are focused on meeting our customer commitments and preparing the production system for the future.
Guillaume Faury, CEO Airbus
A global leader in aeronautics, space and related services, Airbus has a robust and diverse backlog and a clear focus on ramp-up, execution, profitability, value creation and market positioning.
We are committed to increasing shareholder returns. We target sustainable growth in our dividend, with a payout ratio of 30-40%, and have simplified our shareholder structure and increased our free float.
Airbus key figures
| € million | 9m 2019 | 9m 2018 | Change |
| Order Intake net (units) | 127 | 256 | -50.4% |
| Order Book (units) | 7,133 | 7,383 | -3.4% |
| Revenues | 35,572 | 30,478 | 16.7% |
| R&D Expenses | 1,495 | 1,456 | 2.7% |
| EBIT Adjusted | 3,833 | 2,340 | 63.8% |
| RoS (based on EBIT adj.) | 10.8% | 7.7% |
Market outlook
Helicopters key figures
| € million | 9m 2019 | 9m 2018 | Change |
| Order Intake net (units) | 173 | 230 | -24.8% |
| Order Book (units) | 681 | 704 | -3.3% |
| Revenues | 3,712 | 3,755 | -1.1% |
| R&D Expenses | 216 | 214 | 0.9% |
| EBIT Adjusted | 205 | 202 | 1.5% |
| RoS (based on EBIT adj.) | 5.5% | 5.4% |
Market outlook
Defence and Space key figures
| € million | 9m 2019 | 9m 2018 | Change |
| Order Intake net | 6,064 | 4,988 | 21.6% |
| Revenues | 7,706 | 7,051 | 9.3% |
| R&D Expenses | 216 | 219 | -1.4% |
| EBIT Adjusted | 355 | 409 | -13.2% |
| RoS (based on EBIT adj.) | 4.6% | 5.8% |
(1) Communications, Intelligence & Security
Market outlook
What does it mean to be an Airbus registered shareholder?
Being a 'registered' shareholder means that Airbus is aware of your personal details, including your name. If you hold your Airbus shares through a financial intermediary, you can transfer them into the 'registered form*' and consequently be identified by Airbus. Registered shares accounts are divided into two categories:
* Your financial intermediary may charge a fee for the transfer of your shares into registered form. To find out details, you should contact the relevant intermediary.
What are the advantages of being an Airbus direct registered shareholder?
How to contact the Airbus Securities Services?
You can send a message to BNP Paribas Securities Services via the Planetshares page. You can access the contact form upon clicking on the icon in the top righthand corner.
You can also use one of the following channels:
Phone: +33 (0)1 57 43 35 00
Fax: +33 (0)1 55 77 98 61
Mail: BNP PARIBAS Securities Services
Service Titres Airbus
Les Grands Moulins de Pantin
9, rue du débarcadère
93761 PANTIN CEDEX
France
