Airbus reports FY17 reported EPS EUR3.71 vs. EUR1.29 last year
Reports FY17 revenue EUR66.8B vs. EUR66.6B last year. Reports FY17 EBIT adjusted EUR4.25B vs. EUR3.955B last year. EPS also included a strong positive impact mainly from the revaluation of financial instruments and balance sheet items, reflecting the euro/dollar rate evolution as well as an adjustment on the A380 Refundable Launch Investment following a review of the commercial assumptions. Airbus said it took a total charge of EUR1.299B related to the A400M program, including EUR1.149B in Q4. Order intake increased to EURO$ 158 billion with the order book valued at EURO$ 997 billion as of 31 December 2017. A total of 1,109 net commercial aircraft orders were received, with a book-to-bill ratio of 1.5. The backlog by units reached a record year-end level of 7,265 commercial aircraft.