Airbus reported a six per cent rise in full-year revenue to €69.2bn ($74.6bn) in 2024, delivering 766 commercial aircraft and meeting its financial targets, the European plane maker said in its financial report on Thursday.
The company posted adjusted earnings before interest and tax of €5.4bn, while reported earnings before interest and taxes stood at €5.3bn. Free cash flow before customer financing came in at €4.5bn.
Airbus Chief Executive Officer, Guillaume Faury, said, “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.
“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.”
Airbus secured 826 net commercial aircraft orders last year, compared with 2,094 in 2023, bringing its backlog to 8,658 aircraft at year-end.
Orders for Airbus helicopters reached 450 units, up from 393 the previous year. Its Defence and Space division recorded orders worth €16.7bn, driven by a contract for 25 additional Eurofighter jets for Spain.
The company proposed a dividend of €2.00 per share and a special dividend of €1.00, citing confidence in its future performance.
For 2025, Airbus said it expects to deliver around 800 commercial aircraft and generate an adjusted EBIT of €6.5bn.
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