| --- | --- | --- | --- | |------------------|-------|-------|-------| | | | | | | FY Results | | | | | 2022 | | | | | 16 February 2023 | | | | | | | | | Guillaume FAURY | Chief Executive Officer Dominik ASAM | 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. Exampl ...

Airbus SE (OTCPK:EADSF) Q4 2022 Earnings Conference Call February 16, 2023 1:30 AM ET Company Participants Helene Le Gorgeu - Investor Relations Guillaume Faury - Chief Executive Officer Dominik Asam - Chief Financial Officer Conference Call Participants Daniela Costa - Goldman Sachs Robert Stallard - Vertical Research Doug Harned - Bernstein Olivier Brochet - Redburn Chloe Lemarie - Jefferies Tristan Sanson - BNP Paribas Exane Milene Kerner - Barclays David Perry - JPMorgan Harry Breach - Stifel Christophe ...

Airbus SE (OTCPK:EADSF) Q1 2022 Results Conference Call May 4, 2022 1:00 PM ET Company Participants Guillaume Faury - CEO Dominik Asam - CFO Hélène Le Gorgeu - Head, IR and Financial Conference Call Participants Ben Heelan - Bank of America David Perry - JP Morgan Tristan Sanson - Exane Olivia Charley - Goldman Sachs Christophe Menard - Deutsche Bank Douglas Harned - Bernstein Robert Stallard - Vertical Research Charles Armitage - Citi Harry Breach - Stifel Operator Ladies and gentlemen, thank you for stand ...

Q1 Results 2022 AIRBUS 04 May 2022 Guillaume FAURY | Chief Executive Officer Dominik ASAM | 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 statements include statements made about strategy, ramp-up and delivery schedules, introduction o ...

FY Results 2021 AIRBUS 17 February 2022 Guillaume FAURY | Chief Executive Officer Dominik ASAM | 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 statements include statements made about strategy, ramp-up and delivery schedules, introduct ...

Airbus SE (OTCPK:EADSF) Q3 2021 Earnings Conference Call October 28, 2021 2:15 AM ET Company Participants Hélène Le Gorgeu - IR Guillaume Faury - CEO Dominik Asam - CFO Conference Call Participants Tristan Sanson - Exane BNP Paribas Celine Fornaro - UBS Christophe Menard - Deutsche Bank David Perry - JPMorgan Ben Heelan - Bank of America Robert Stallard - Vertical Research Doug Harned - Bernstein Andrew Humphrey - Morgan Stanley Hélène Le Gorgeu Thank you, Christine. Good morning, ladies and gentlemen. This ...

AIRBUS 9m Results 2021 28 October 2021 Guillaume FAURY | Chief Executive Officer Dominik ASAM | Chief Financial Officer AIRBUS 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 statements include statements made about strategy, ramp-up and delivery schedules, int ...

Airbus SE (OTCPK:EADSF) Q1 2021 Earnings Conference Call April 29, 2021 8:00 AM ET Company Participants Thorsten Fischer - IR Guillaume Faury - CEO Dominik Asam - CFO Conference Call Participants Madame Celine Fornaro - UBS Tristan Sanson - Exane BNP Paribas Benjamin Heelan - of Bank of America Chris Hallam - Goldman Sachs Christophe Menard - Deutsche Bank Charles Armitage - Citi Olivier Brochet - Crédit Suisse Andrew Humphrey - Morgan Stanley Thorsten Fischer Good morning, ladies and gentlemen. This is the ...

AIRBUS Q1 Results 2021 29 April 2021 Guillaume FAURY | Chief Executive Officer Dominik ASAM | Chief Financial Officer AIRBUS 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 statements include statements made about strategy, ramp-up and delivery schedules, intro ...

Financial Data and Key Metrics Changes - Full year 2020 revenues decreased to approximately €50 billion, down 29% year-on-year, driven by a challenging market environment impacting commercial aircraft deliveries, which were about 34% fewer year-on-year [30][31] - Full year 2020 EBIT adjusted was €1.7 billion, reflecting lower deliveries and idle costs, including €1.1 billion of COVID-19 related charges [10][32] - Free cash flow before M&A and customer financing was negative €6.9 billion, with a positive €4.9 billion in Q4, indicating a significant recovery in cash flow performance [11][33] - Reported EPS was negative €1.45, and no dividend was proposed for 2020 to strengthen financial resilience [13][58] Business Line Data and Key Metrics Changes - In commercial aircraft, 566 aircraft were delivered in 2020, a decrease of nearly 300 aircraft year-on-year, with 225 delivered in Q4 alone [9][47] - Airbus Helicopters saw a revenue increase of 4.1% in 2020, with EBIT adjusted rising around 12% year-on-year to €471 million, reflecting strong governmental activities [52] - Defence and Space order intake increased to €11.9 billion, representing a book-to-bill ratio above 1, driven by major contract wins in Military Aircraft [26] Market Data and Key Metrics Changes - Global passenger air traffic declined by 66% in 2020 compared to 2019, with international traffic remaining weak throughout the year [18][20] - The company expects market recovery between 2023 and 2025, with domestic and regional markets recovering first, while international traffic will likely take longer to return to pre-COVID levels [20] Company Strategy and Development Direction - The company aims to maintain a strong liquidity position while navigating the crisis and preparing for growth once the situation improves [45] - Focus for 2021 includes delivering aircraft based on customer agreements, finalizing restructuring plans, and preparing for a potential ramp-up in production [61][62] - The ambition is to lead the development of a sustainable global aerospace sector, with investments in decarbonized technologies [64] Management Comments on Operating Environment and Future Outlook - Management acknowledged that the crisis is not over and will likely continue throughout 2021, with uncertainties due to new virus variants and travel restrictions [14][19] - The guidance for 2021 includes at least flat deliveries compared to 2020, an EBIT adjusted target of €2 billion, and breakeven free cash flow before M&A and customer financing [57] Other Important Information - The backlog in units remains above 7,000 planes, with a backlog in value decreasing to €373 billion in 2020, indicating resilience despite the crisis [23] - The company has taken various measures to maintain liquidity, including securing credit facilities and issuing debt securities [43][44] Q&A Session Summary Question: Guidance on deliveries and inventory - The company provided guidance for at least flat deliveries, indicating that production schedules do not contradict this guidance, despite uncertainties in the market [68][72] Question: EBIT guidance and underlying factors - Management explained that the EBIT guidance reflects a conservative approach due to various cost factors and the need for sustainable cost adaptations [69][74] Question: Cash movement and prepayment assumptions - The complexity of cash flow was highlighted, with significant headwinds expected from deferred aircraft deliveries impacting prepayment inflows [78][79] Question: Restructuring progress and employment reductions - The restructuring plan aims to reduce approximately 15,000 positions, with 3,600 already completed, and the remaining reductions expected to phase in gradually [83][84] Question: Customer financing outlook - Management indicated that customer financing levels are low but may not remain so, with expectations for some usage of cash in the coming years [110]