Airbus 2025 EBIT outlook seen higher at €7 billion

Airbus is expecting an adjusted EBIT of €7 billion in 2025 based on around 820 commercial aircraft deliveries.

Free cash flow before customer financing is likely to be around €4.5 billion, says an official release.

"The company assumes no additional disruptions to global trade or the world economy, air traffic, the supply chain, the company's internal operations, and its ability to deliver products and services. The guidance excludes the impact of potential new tariffs on the company’s business. The company’s 2025 guidance includes the impact of the integration of certain Spirit AeroSystems work packages on its EBIT adjusted and Free Cash Flow before customer financing."

Airbus reported an eight percent decline in adjusted EBIT for 2024 at €5.4 billion while net income increased 12 percent to €4.2 billion.

Revenue increased six percent to €69.2 billion, mainly reflecting the higher number of deliveries. "A total of 766 commercial aircraft were delivered in 2024 (2023: 735 aircraft), comprising 75 A220s, 602 A320 Family, 32 A330s and 57 A350s."

Gross commercial aircraft orders totalled 878 (2023: 2,319 aircraft) with net orders of 826 aircraft after cancellations (2023: 2,094 aircraft), the release added.

"We achieved strong order intake across all businesses in 2024, with a book-to-bill well above 1, confirming the solid demand for our products and services. We delivered on our 2024 guidance in what was a testing year for Airbus," says Guillaume Faury, Chief Executive Officer, Airbus. "We refocused our efforts on key priorities, notably the production ramp-up and the transformation of Defence and Space. We continue to pursue profitable growth and our decarbonisation ambition. The 2024 financial results and the level of confidence we have in our future performance support our proposal for an increased dividend."