Press release
Toulouse, September 2, 2011 ­ 11:30 am
H1 2011 Results
H1 2011 H1 2010 Change
In millions
Revenue excluding non-recurring items 261.3 217.0 20.4%
Non-recurring items – Aerostructure* 55.0 –
Total revenue 316.3 217.0 45.8%
Current operating result (COR) 23.8 13.4
Current operating margin 7.5% 6.2%
Non-current operating result ** 0.0 0.0
EBIT 23.8 13.4
EBIT margin 7.5% 6.2%
? Realized gains & losses -9.4 -4.9
? Unrealized gains & losses ** 3.8 -9.0
Net financial result -5.6 -13.9
Net income( loss) after minority interests 15.5 0.4
Net margin 4.9% 0.2%
* Non recurring billing of development costs
** Non cash items 06/30/2011 12/31/2010
In millions
Consolidated net debt 352.8 350.7
Shareholders’ equity (Group share) 200.2 170.9
Audited accounts (limited review)
H1 revenue sharply higher: +20.4% (excluding non-recurring items)
In H1 2011, the Group posted a revenue 25.6% excluding non-recurring items of 261.3 Quarter change 21.1% 19.6% million, up 20.4% year on year. At a constant n/n-1 2010-2011
/$ exchange rate, organic growth stood also 7.3% 2.6% at 20.4%, with results of hedging unwinds offsetting a weakening USD.
In Q1 2011 the Group also recorded additional non-recurring revenue of 55
-19.7% million corresponding to billing of development costs (refer to press release Q1 Q2 Q3 Q4 Q1 Q2 dated March 22, 2011). As a result, total consolidated revenue reached 316.3 million 2010 : 464 million 2011 in H1 2011.
+3.3%

Télécharger le communiqué
!:!iframe http://www.nextnews.fr/upload/fr/nextnews%5Flatecoere%5Fh1%5F2011%5Fresults%5F56550%2EPDF!:!

En partenariat avec NextNews