Airbus Full-Year Report 2023
Highlight
- 735 commercial aircraft delivered
- Revenues € 65.4 billion; EBIT Adjusted € 5.8 billion
- EBIT (reported) € 4.6 billion; EPS (reported) € 4.80
- Free cash flow before M&A and customer financing € 4.4 billion; Net cash € 10.7 billion
- 2023 guidance achieved
- Dividend proposals: dividend of € 1.80 per share; special dividend of € 1.00 per share.
- EBIT Adjusted at Airbus Defence and Space decreased to € 229 million (2022: € 384 million).
Consolidated EBIT (reported) amounted to € 4,603 million (2022: € 5,325 million), including net Adjustments of € -1,235 million.
These Adjustments comprised:
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- € -1,030 million related to the dollar working capital mismatch and balance sheet revaluation, of – which € -224 million were in Q4. This mainly reflects the phasing impact arising from the difference between transaction date and delivery date.
- € -89 million related to the Aerostructures transformation, of which € -32 million were in Q4.
- € -41 million related to the A400M programme, of which € -41 million were in Q4.
- € -75 million of other costs including compliance, of which € -19 million were in Q4.