Airbus SE (OTCPK:EADSF) Q1 2024 Earnings Conference Call April 25, 2024 1:30 PM ET Company Participants Helene Le Gorgeu - IR Guillaume Faury - CEO Thomas Toepfer - CFO Conference Call Participants Ben Heelan - Bank of America Merrill Lynch Olivier Brochet - Redburn Atlantic David Perry - JPMorgan Ross Law - Morgan Stanley Christophe Menard - Deutsche Bank Robert Stallard - Vertical Research Tristan Sanson - BNP Paribas Chloe Lemarie - Jefferies Operator Ladies and gentlemen, thank you for standing by. Wel ...

| --- | --- | --- | --- | |----------------------------------|-------------------------------------------------------|-------|-------| | | | | | | | | | | | - Q1 Results 25 April 2024 | 2024 | | | | Guillaume FAURY Thomas TOEPFER | \| Chief Executive Officer \| Chief Financial Officer | | | 2 Safe Harbour Statement DISCLAIMER This presentation includes forward-looking statements. Words such as "anticipates", "believes", "estimates", "expects", "intends", "plans", "projects", "may" and similar expressions ar ...

Starlab's chances of becoming a reality just got a little stronger.If you haven't done so already, start the countdown now: In 2030, NASA intends to pull the plug on the International Space Station (ISS), deorbit the ISS, and allow it to first burn up in the atmosphere, then plunge into the sea.And yes, I know, various members of the international consortium that built the ISS have been predicting its demise for years. At one point, in fact, the ISS was supposed to be deorbited in 2023. But here we are in 2 ...

Investors interested in Aerospace - Defense stocks are likely familiar with Textron (TXT) and Airbus Group (EADSY) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with positive earning ...

The International Space Station is a technological marvel.Beginning with the Zarya power and propulsion module launched in 1998, through the installation of its latest solar array last year, the ISS took more than a quarter-century, 42 space launches, and $150 billion to build. 108.5 meters end-to-end, the ISS boasts 1,0005 cubic meters of pressurized volume on its inside, of which roughly 39% (388 cubic meters) are habitable.But science has come a long way since 1998. As the ISS approaches the end of its l ...

Investors interested in Aerospace - Defense stocks are likely familiar with Textron (TXT) and Airbus Group (EADSY) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends ...

Investors interested in stocks from the Aerospace - Defense sector have probably already heard of Textron (TXT) and Airbus Group (EADSY) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive e ...

| --- | --- | --- | |------------------|-------|-------| | | | | | 9m Results 2023 | | | | 8 November 2023 | | | | | | | Guillaume FAURY | Chief Executive Officer Thomas TOEPFER | Chief Financial Officer Safe Harbour Statement DISCLAIMER This presentation includes forward-looking statements. Words such as "anticipates", "believes", "estimates", "expects", "intends", "plans", "projects", "may" and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statement ...

Airbus SE (OTCPK:EADSF) Q3 2023 Earnings Call November 8, 2023 1:30 PM ET Company Participants Helene Le Gorgeu - Investor Relations Guillaume Faury - Chief Executive Officer Thomas Toepfer - Chief Financial Officer Conference Call Participants Ben Heelan - Bank of America Milene Kerner - Barclays Victor Allard - Goldman Sachs Robert Stallard - Vertical Research Douglas Harned - Bernstein Tristan Sanson - BNP Paribas Phil Buller - Berenberg Ken Herbert - RBC Ian Douglas-Pennant - UBS Helene Le Gorgeu Good e ...

Financial Data and Key Metrics Changes - H1 2023 revenues increased to €27.7 billion, up 11% year-on-year, primarily due to higher commercial aircraft deliveries and contributions from the Helicopter division [19][20] - H1 2023 EBIT adjusted remained stable at €2.6 billion, reflecting higher deliveries and a favorable hedge rate, offset by investments for future preparations [19][20] - H1 2023 free cash flow before M&A and customer financing was €1.6 billion, with a net cash position of €9.1 billion and liquidity above €30 billion [21][28] Business Line Data and Key Metrics Changes - In H1 2023, 316 commercial aircraft were delivered, with 256 being A320 family aircraft, and the company is on track to reach a production rate of 75 aircraft per month by 2026 [9][30] - Helicopter deliveries increased to 145, up 30 from H1 2022, with revenues rising 16% year-on-year to €3.2 billion [34] - Defence and Space revenues decreased by 8% year-on-year, primarily due to delays in Space Systems and military systems delivery phasing [35] Market Data and Key Metrics Changes - Air traffic continued to grow in Q2 2023, with domestic traffic fully recovered and international traffic nearing pre-pandemic levels [10] - The airline industry is expected to return to profitability in 2023, driven by strong demand for fuel-efficient aircraft [10][11] Company Strategy and Development Direction - The company aims to ramp up production across all commercial aircraft programs while maintaining a focus on supply chain capabilities [38][39] - Digitalization and decarbonization are key priorities, with initiatives to enhance efficiency and develop future hydrogen-powered aircraft [40][43] - A significant internal reorganization is planned for the Defence and Space division to improve agility and customer focus [71] Management Comments on Operating Environment and Future Outlook - The geopolitical and macroeconomic environment remains volatile, impacting supply chain dynamics [6] - The company maintains its 2023 guidance of around 720 commercial aircraft deliveries, EBIT adjusted of around €6 billion, and free cash flow of around €3 billion [37] Other Important Information - The company is addressing issues related to Pratt & Whitney engines, with no expected impact on ongoing deliveries for 2023 [8][69] - A new Chief Financial Officer will join the company on September 1, 2023, following the interim CFO's contributions [45] Q&A Session Summary Question: Impact of geared turbofan issues on production rates - Management clarified that the removal of the rate 65 reference is unrelated to the GTF issues and confirmed a focus on ramping up to rate 75 [47][50] Question: A320 production progress and bottlenecks - Management confirmed that A320 production is on track and expressed confidence in meeting delivery targets [51] Question: Engine supplier negotiations for 2025 rates - Management indicated positive negotiations for 2025 rates but acknowledged the need to discuss potential indirect impacts from GTF quality issues [89]