Apr 23, 2008
Boeing: the results remain strong despite the setbacks with the Dreamliner
The U.S. aircraft manufacturer has produced results above market expectations for the first quarter to 1.2 billion dollars. Boeing provides to be able to generate a profit to rise next year despite delays in its program 787.
Boeing has garnered 1.2 billion dollars in net profit in the quarter
Boeing has garnered 1.2 billion dollars in net profit in the quarter
Boeing reported Wednesday an increase in net income in the first quarter, thanks to the increase in deliveries of civilian aircraft. The American aircraft manufacturer, Airbus competitor (EADS) announced a net profit of 1.2 billion dollars for the first three months of the year, or $ 1.62 per share, against 877 million (1.13 dollar) a year ago. Profit therefore marks an increase of 38% over a year.
These results are above market expectations. Analysts tablaient on earnings per share (EPS) of $ 1.35. For the full year 2008, Boeing maintains its forecast EPS unchanged from its previous forecast between 5.70 dollars and 5.85 dollars. Turnover grew by 4% to $ 16 billion, below market expectations, which expected 16.52 billion.
At the end of March, Boeing had a backlog of orders "record", representing a value of 346 billion dollars, up 32% over a year. Backlog orders in commercial aviation totals 271 billion dollars, "more than seven times the expected turnover in 2008, and represents 74.8 billion in defence, is" more than twice the figure d Business expected in 2008, "according to Boeing. By division, commercial aviation has represented $ 8.2 billion revenue in first quarter (+8%), and defence 7.6 billion (+11%).
Good surprise for investors. The U.S. aircraft manufacturer has already assured to be able to generate a profit to rise next year despite delays in its program 787. The group table in effect for 2009 on an earnings per share (EPS) of between 6.80 and 7 dollars, representing a growth of 20% compared to that expected for 2008.
In commercial aviation, Boeing has confirmed the outline of his milestone point on the 787 "Dreamliner," in early April. It builds on an initial test flight during the fourth quarter of 2008 and first deliveries in the third quarter of 2009.
"Progress on the 787 continues according to the revised timetable delivered earlier this month," said Boeing. So far, Boeing has postponed its schedule by three times, and the 787 program took nearly a year and a half late. In the first quarter, Boeing has registered 75 new orders for the 787, bringing the total orders for 892 aircraft. In defence, Boeing has benefited from a multi-annual transport aircraft and V-22 transport helicopter CH-47. Boeing did not comment on the case of tanker aircraft, mega-command of U.S. Army awarded to the consortium in March rival Northrop / EADS and Boeing disputes through administrative
by erectusplus at 9:53 AM |
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