Slide 1: FY Results 2021
FY Results 2021
Slide 2: Safe Harbour Statement
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 s
Slide 3: Company Highlights
AIRBUS Company Highlights Guidance Highlights
Slide 4: FY 2021 Key Topics
FY 2021 Key Topics 4 Strong results in a year of transition 611 commercial aircraft delivered in FY 2021 FY 2021 financials reflect deliveries as well as efforts on cost containment and competitiveness: EBIT Adjusted of € 4.9 bn; EBIT reported of € 5.3 bn Record Net Income of € 4.2 bn; EPS
Slide 5: FY 2021 Financial Performance
FY 2021 Financial Performance 5 Revenues EBIT Adjusted in € bn in € bn / RoS (%) 9.3% 49.9 52.1 4.9 3.4% 1.7 FY 2020 FY 2021 FY 2020 FY 2021 EPS(1) Adjusted FCF before M&A and Customer Financing in € in € bn FY 2020 FY 2021 3.5 4.33 (3.3) 1.36 Penalty Payment (3.6) FY 2020 FY 2021 (6.9) (1) FY 2021
Slide 6: FY 2021 Profitability
FY 2021 Profitability 6 EBIT Performance FY 2021 EBIT Reported of € 5,342 m in € bn FY 2021 EBIT Adjustments resulting from: € + 274 m A380 programme 4.9 5.3 € + 122 m Gain on disposal € - 212 m A400M charge 1.7 € - 38 m PDP mismatch / BS revaluation (0.5) € + 331 m Others EBIT Adjuste
Slide 7: Currency Hedge Policy
Currency Hedge Policy 7 IN $ BILLION Forward Sales as of Dec. 2021 Forward Sales as of Dec. 2020 20.9 21.6 19.3 18.5 11.8 9.1 8.0 0.0 Average hedge rates 2021 2022 2023 2024 2025 2026 2027 and beyond € vs $ 1.20 1.22 1.23 1.24 1.26 1.31 1.34 Forwards ( 1.21 in Dec. 20 ) ( 1.23 in Dec. 20) ( 1.26 in
Slide 8: FY 2021 Cash Evolution
FY 2021 Cash Evolution 8 IN € BILLION +1.0 -1.5 -0.0 -0.2 +4.1 7.6 Free Cash Flow before M&A: € + 3.5 bn t/o Customer Financing € + 0.0 bn 4.3 Free Cash Flow before M&A and Customer Financing: € + 3.5 bn (2) Net Cash Position Gross Cash Flow Change in Cash used for (1) M&A Pensions & Others Net Cash
Slide 9: Guidance Highlights
AIRBUS Company Highlights Guidance Highlights
Slide 10: 2022 Guidance
2022 Guidance 10 As the basis for its 2022 guidance, the Company assumes: no further disruptions to the world economy, air traffic, the Company’s internal operations, and its ability to deliver products and services. The Company’s 2022 guidance is before M&A. On that basis, the Company targets to
Slide 11: Key Priorities
Key Priorities 11 Further strengthen the backlog across businesses Deliver on our commercial aircraft ramp-up Continue the transformation of the Company Lead the development of sustainable aerospace Focus on earnings and cash growth trajectory beyond 2022
Slide 12: Glossary on Alternative Performance Measures (APM)
Glossary on Alternative Performance Measures (APM) This presentation also contains certain “non-GAAP financial measures”, i.e. financial measures that either exclude or include amounts that are not excluded or included in the most directly comparable measure calculated and presented in accordance wi