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Boeing Company (the) — The Boeing Company — Q1 2015 Earnings Presentation

11 slides from Boeing Company (the)'s earnings presentation, Apr 22, 2015

  1. Slide 1: First-Quarter 2015 Performance Review

    First-Quarter 2015 Performance Review Jim McNerney Chairman and Chief Executive Officer Greg Smith Executive Vice President of Business Development & Strategy and Chief Financial Officer April 22, 2015 Copyright © 2015 Boeing. All rights reserved.

  2. Slide 2: First-Quarter Summary

    First-Quarter Summary Boeing | Investor Relations  Results reflect strong core operating performance  Leveraging production stability and executing on development programs  Continued focus on cost reductions and productivity improvements  Healthy commercial airplane orders; key defense awards 

  3. Slide 3: Business Environment

    Business Environment Boeing | Investor Relations  Global economic growth continues at a moderate pace  Strong passenger traffic; cargo traffic continues to improve  Robust airline profitability; driving healthy demand for aircraft  Commercial aviation remains long-term growth industry  Internat

  4. Slide 4: First-Quarter Revenue and Earnings

    First-Quarter Revenue and Earnings Boeing | Investor Relations Revenue Core Earnings (Billions) per Share * $28 $3.00 $22.1 $2.50 $21 $20.5 $2.00 $1.97 $1.76 $14 $1.50 $1.00 $7 $0.50 $0 $0.00 2014Q1 2015Q1 2014Q1 2015Q1 * Non-GAAP measures. Definitions, reconciliations, and further disclosures regar

  5. Slide 5: Commercial Airplanes Revenues & Operating Margins

    Commercial Airplanes Boeing | Investor Relations Revenues & Operating Margins  Continued strong operating performance $18 18% $15.4 Revenue (billions) $15 15% $12.7  Delivered 184 airplanes in Q1 Margin $12 12% $9 11.8% 9% 10.5% $6 6%  Orders valued at $10B; robust backlog of $435B $3 3% $0 0% –

  6. Slide 6: Defense, Space & Security Revenues & Operating Margins

    Defense, Space & Security Boeing | Investor Relations Revenues & Operating Margins  Continued strong operating performance $10 18% Revenue (billions) 15%  Capturing new and follow-on business $8 $7.6 $6.7 Margin 12% $6 9% – Awarded contracts for 43 AH-64E helicopters $4 10.2% 11.1% 6% $2 3% – Boei

  7. Slide 7: Cash Flow

    Cash Flow Boeing | Investor Relations  Timing of receipts and expenditures $ Billions 1Q14 1Q15  Strong operating performance Net Earnings 1.0 1.3  Increased production rates Depreciation/non-cash 0.5 0.5 Working Capital (0.4) (1.7)  Continuing to drive disciplined cash management Operating Cash

  8. Slide 8: Cash and Debt Balances

    Cash and Debt Balances Boeing | Investor Relations S&P: A Boeing debt Cash Moody’s: A2 Marketable Securities Fitch: A BCC debt Billions Billions $15 $10 $13.1 $12 $8 $9.6 $6.7 $6.6 $9 $6 11.7 $6 $4 8.6 $2.4 $2.4 $3 $2 1.4 1.0 $0 $0 2014Q4 2015Q1 2014Q4 2015Q1 Strong liquidity with manageable debt le

  9. Slide 9: Financial Guidance

    Financial Guidance Boeing | Investor Relations 2015 Revenue $94.5 – 96.5B Core EPS* $8.20 – 8.40 Operating Cash Flow >$9B * Non-GAAP measures. Definitions, reconciliations, and further disclosures regarding non-GAAP measures are provided in the company’s earnings press release dated April 22, 2015.

  10. Slide 10: Caution Concerning Forward-Looking Statements

    Caution Concerning Forward-Looking Statements Boeing | Investor Relations This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “should,” “expects,” “intends,” “projects,” “plans,” “believes,” “estimates,”

  11. Slide 11: Copyright © 2015 Boeing. All rights reserved.

    Copyright © 2015 Boeing. All rights reserved.

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