Airbus Reports Strong H1 Earnings, Revenue Up 3%, Net Income Soars 85%

Airbus reported H1 revenue of €29.6bn, up 3% YoY, with adjusted EBIT climbing 58% to €2.2bn. Net income soared 85% to €1.53bn, but free cash flow before customer financing deteriorated to -€1.6bn. CEO Guillaume Faury remains confident despite a complex operating environment, confirming annual targets including 820 commercial aircraft deliveries and adjusted EBIT of around €7bn.

Airbus has reported its consolidated financial results for the first half of 2025, showing a 3% year-on-year increase in revenues to €29.6 billion. The company's adjusted EBIT climbed by 58% to €2.2 billion, while net income soared by 85% to €1.53 billion. However, free cash flow before customer financing deteriorated to -€1.6 billion. Despite these challenges, CEO Guillaume Faury remains confident, reaffirming the company's annual targets of 820 commercial aircraft deliveries and adjusted EBIT of around €7 billion.

The company reported a significant increase in gross commercial aircraft orders, totaling 494 units, up from 327 in the same period last year. This resulted in net orders of 402 aircraft after cancellations. The order backlog at the end of June 2025 amounted to 8,754 commercial aircraft. Airbus Helicopters registered net orders of 171 units, well spread across its product range.

Revenues generated by Airbus’ commercial aircraft activities decreased by 2% to €20.8 billion, mainly due to a lower number of deliveries. Airbus Helicopters’ revenues increased by 16% to €3.7 billion, reflecting a solid performance from programmes and growth in services. Helicopter deliveries totalled 138 units, up from 124 in the same period last year. Revenues at Airbus Defence and Space increased by 17% year-on-year to €5.8 billion, driven by higher volumes across all its business lines.

Airbus is facing specific supply chain challenges, notably with Spirit AeroSystems, which are putting pressure on the ramp-up of the A350 and the A220. The company continues to target a monthly production rate of 12 aircraft for the A350 in 2028 and a monthly A220 production rate of 14 aircraft in 2026.

Despite these challenges, Airbus is making good progress on the acquisition of certain Spirit AeroSystems work packages. The expected closing date is now shifting into Q4 2025 due to ongoing regulatory approvals.

The company's outlook for 2025 includes the impact of the integration of certain Spirit AeroSystems work packages based on preliminary estimates and an assumed closing in the fourth quarter of 2025. Airbus assumes no additional disruptions to global trade or the world economy, air traffic, the supply chain, its internal operations, and ability to deliver products and services.

References:
[1] https://aeronewsglobal.com/airbus-reports-half-year-2025-results/