Earnings release
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AIRBUS Press Release Airbus reports First Quarter ( Q1 ) 2021 results 125 commercial aircraft delivered in a market environment that remains uncertain Strong focus on cost and cash containment ; progress on restructuring Revenues € 10.5 billion ; EBIT Adjusted € 0.7 billion • EBIT ( reported ) € 0.5 billion ; EPS ( reported ) € 0.46 ● • Free cash flow before M & A and customer financing € 1.2 billion , including positive phasing impact Net cash position at € 5.6 billion The guidance issued in February 2021 remains unchanged Amsterdam , 29 April 2021 - Airbus SE ( stock exchange symbol : AIR ) reported consolidated financial results for its First Quarter ( Q1 ) ended 31 March 2021 . " The good Q1 results mainly reflect our commercial aircraft delivery performance , cost and cash containment , progress with the restructuring plan as well as positive contributions from our helicopter and defence and space activities , " said Airbus Chief Executive Officer Guillaume Faury . " The first quarter shows that the crisis is not yet over for our industry , and that the market remains uncertain . We are investing in innovation and in the transformation of our Company to deliver on our long - term ambitions across the portfolio . " Gross commercial aircraft orders totalled 39 ( Q1 2020 : 356 aircraft ) and included 38 single- aisle aircraft . After cancellations , net commercial aircraft orders were -61 ( Q1 2020 : 290 aircraft ) with the order backlog comprising 6,998 aircraft on 31 March 2021. Airbus Helicopters booked 40 net orders ( Q1 2020 : 54 units ) , including 2 Super Puma Family rotorcraft and 1 H160 . Airbus Defence and Space's order intake by value was € 2.0 billion ( Q1 2020 : € 1.7 billion ) and included major contract wins in Space Systems and recurring services orders in Military Aircraft . Consolidated revenues were broadly stable year - on - year at € 10.5 billion ( Q1 2020 : € 10.6 billion ) . A total of 125 commercial aircraft were delivered ( Q1 2020 : 122 aircraft ) , comprising 9 A220s , 105 A320 Family , 1 A330 and 10 A350s . Revenues generated by Airbus ' commercial aircraft activities decreased by 4 percent , mainly reflecting lower volume in services . Airbus Helicopters delivered 39 units ( Q1 2020 : 47 units ) with revenues reflecting lower volume in civil helicopters , partly offset by growth in services . Revenues at Airbus Defence and Space were stable compared to a year earlier . - Consolidated EBIT Adjusted an alternative performance measure and key indicator capturing the underlying business margin by excluding material charges or profits caused by movements in provisions related to programmes , restructuring or foreign exchange impacts as well as capital gains / losses from the disposal and acquisition of businesses – increased to € 694 million ( Q1 2020 : € 281 million ) . Page | 1