French aerospace giant Airbus Group (EADSF.PK, EADSY.PK) reported that its net income for the first-half 2015 increased 34 percent to 1.524 billion euros from the prior year's 1.135 billion euros, while earnings per share rose to 1.94 euros from the previous year's 1.45 euros, driven by the improved operational performance. The company confirmed its 2015 guidance.
Reported EBIT increased 21 percent to 2.229 billion euros from the previous year's 1.839 billion euros, with net one-offs totalling a positive 346 million euros.
Group revenues for the period rose six percent to 28.9 billion euros from last year's 27.2 billion euros, reflecting the strong delivery mix at Commercial Aircraft and strengthening US dollar.
Group order intake in the first six months of 2015 increased sharply to 53.9 billion euros from last year's 27.7 billion euros, with the order book value rising to 927 billion euros as of 30 June (year-end 2014: €858 billion).
Airbus Group targets its earnings per share and dividend per share to increase further in 2015. Airbus deliveries should be slightly higher than in 2014, and the commercial aircraft order book is again expected to grow.
In 2015, before mergers & acquisitions (M&A), Airbus Group expects an increase in revenues and targets a slight increase in EBIT before one-off.
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